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16 Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector

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16 Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager's portfolio in column 1, the fraction of the portfolio allocated to each sector in column 2. the benchmark or neutral sector allocations in column 3, and the returns of sector indices in column 4. Equity Honds Cash Actual Return 2.5% 1.5 2.5 Actual weight 0.6 0.1 0. Benchmark Weight 0.6 0.1 3.3 Index Return 36 (S&P 500) 1.7 (Barclay's Arreste) 0.5 (1-11) 0-1. What was the manager's return in the month? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.) The manager's retum in the month is 180 0-2. What was her overperformance or underperformance? (Do not round Intermedinte calculations. Input all amounts as positive values. Round your answer to 2 decimal places.) Underperformed by 032 b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Contribution of secunty selection c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Contribution of asset allocation

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