A client wants a broadly diversified portfolio but is interested in a "Japan Small-Cap Fund" (40 stocks) and a "Global Equity Fund" (300 stocks). Using a core-satellite approach, how should the Registered Representative structure a $100,000 investment?

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Core holdings should be broad-based and diversified to provide stable market exposure, while specialized/narrow funds (like a Japan fund) are used as satellites to target specific opportunities.

A client wants a broadly diversified portfolio but is interested in a "Japan Small-Cap Fund" (40 stocks) and a "Global Equity Fund" (300 stocks). Using a core-satellite approach, how should the Registered Representative structure a $100,000 investment?

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