Lesson 2. How to allocate industry theme funds
@Tiger_Academy:
Hello;In today's episode, we will introduce you to how to allocate industry-themed funds, and a critical allocation method will be used here: the "core + satellite" method.1、The "Core + satellite" methodFirst, let's talk about what the "core + satellite" method is.The core-satellite strategy is a kind of asset allocation strategy, which first originated in the 1990s and is highly respected by the famous Vanguard Group. It recommends that investors use Vanguard's large-cap index fund as a core asset, closely follow the performance of the index, and then select industry-theme funds as satellite funds to earn excess returns.Therefore, "core" refers to relatively stable large-cap index funds, and "satellite" refers to industry-theme funds that can earn excess returns.It needs to be said here t