How would you invest $20,000 over 10 years without ending up with a jumble of overlapping ETFs? In this episode of the Australian Finance Podcast, Owen Rask sits down with Cameron McCormack, Senior Portfolio Manager at VanEck, to build a simple core-and-satellite portfolio from scratch. Owen also throws Cameron a curveball, in the way of an extra $3,000 for a satellite choice. They unpack ETF overlap, home-country bias, concentration in the ASX 200, the difference between core and satellite holdings, and why every investment should have a clear role in the portfolio. If you want a practical framework for combining Australian shares, international quality, emerging markets and gold, this episode gives you a clear place to start your research. Try Rask's free wealth checker: https://bit.ly/4d6oRxI *Chapters* *Episode resources* - Explore VanEck ETFs https://www.vaneck.com.au/vaneck-etfs/ - VanEck Australian Equal Weight ETF (ASX: MVW) https://www.vaneck.com.au/etf/equity/mvw/snapshot/ - VanEck MSCI International Quality ETF (ASX: QUAL) https://www.vaneck.com.au/etf/equity/qual/snapshot - VanEck MSCI Multifactor Emerging Markets Equity ETF (ASX: EMKT) https://www.vaneck.com.au/etf/equity/emkt/snapshot - VanEck Gold Bullion ETF (ASX: NUGG) https://www.vaneck.com.au/etf/alternatives/nugg/snapshot/ - Buy Gemma’s book “The Money Reset”: https://amzn.to/42Uz0aK - Speak with the Rask Advice team: https://rask.com.au/advice - Ask a question (select the Finance podcast): https://bit.ly/R-quest *Show partner resources* - View VanEck's range of funds: https://www.vaneck.com.au/vaneck-etfs/?page=etf-selector - Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit: https://bit.ly/Pearler - Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith - Whatever comes next for your business, power it with Stripe: https://stripe.com *Rask resources* - All services: https://bit.ly/R-services - Financial Planning: https://bit.ly/R-plan - Invest with us: https://bit.ly/R-invest - Access Show Notes: https://bit.ly/R-notes - Ask a question: https://bit.ly/R-quest - We love feedback! https://raskau.typeform.com/to/ZbfHy6IP *Follow us on social media* - Instagram: https://www.instagram.com/rask.invest - TikTok: https://www.tiktok.com/@rask.invest *Disclaimer* This episode is sponsored by VanEck. The information in this episode is provided by The Rask Group Pty Ltd and contains general financial product advice only. It does not take into account your objectives, financial situation or needs. Before acting, consider whether the information is appropriate for you and consider seeking personal advice from a licensed financial adviser. You can read our Financial Services Guide at www.rask.com.au/fsg. If a financial product is mentioned, consider the relevant PDS and TMD, where applicable, before making any financial decision. Past performance is not a reliable indicator of future performance. Returns are not guaranteed and capital may be at risk. The Rask Group Pty Ltd is a Corporate Authorised Representative No. 1280930 of Rask Licensing Pty Ltd, AFSL 563 907.