Question
As a portfolio manager in a private bank, you have been asked to build a portfolio for a new client. This client has 10 million
As a portfolio manager in a private bank, you have been asked to build a portfolio for a new client. This client has 10 million to invest, is 30 years old, with a tolerance for higher risk assets. The client also has an interest in investing in some recent trends, including innovation, ESG funds, and emerging markets.
Your supervisor has advised to use a portfolio of ETFs to achieve this client mandate. In addition, you are advised to use a 80/10/10 asset allocation between equities, bonds, and alternatives. In addition, you have to stay within an annual total expense ratio of 0.50%
Design an appropriate global portfolio to meet the above criteria. Using an Excel spreadsheet, clearly show your euro allocation and expense ratio for each ETF chosen.
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