Satellite deep-dive template — every feature in one post

Placeholder. This is the working template for a satellite ETF deep-dive. Copy the file, rename it YYYY-MM-DD-your-slug.md, replace every figure, and delete this callout. Note the updated: date in the front matter — that's why "Updated 8 July 2026" shows above.

Every satellite writeup answers the same four questions: what is it, what does it cost, what's the worst case, and why do I hold it anyway. Placeholder prose follows — the structure is the point.

What it is

Two or three plain-English paragraphs. No jargon before it's earned. If you catch yourself writing a number you haven't checked, mark it with the verify marker (open square bracket + the word verify) — the build will refuse to publish until you resolve it.

The numbers

All placeholder figures. Real posts pull these from the factsheet listed in the sources below.

The receipt

The math I ran

Position sizing is always sized for the worst drawdown, not the best year:

// Worst-case sizing: how much can this position lose
// before it costs me more than one month of savings?
const portfolio = 100_000;          // RM, placeholder
const satelliteWeight = 0.05;
const worstDrawdown = 0.55;         // assume worse than history

const worstLoss = portfolio * satelliteWeight * worstDrawdown;
console.log(`Worst case: RM ${worstLoss.toFixed(0)}`); // RM 2750

If that number makes you flinch, the position is too big. Simple as that.

Exit rules, written before entry

1. Thesis broken (the reason I bought stops being true) → sell, full stop.
2. Position grows past 8% of portfolio → trim back to 5%.
3. Nothing else — price alone is not a reason.

Where this fits in the book

This is a satellite. The core thesis lives at duitnsen.com/coreinvestment and the sizing framework at duitnsen.com/allocation. If any link in a post earns me a referral fee, it is labelled as a referral link right where it appears — never dressed up as a neutral recommendation.