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A portfolio manager had 10% of his portfolio in consumer discretionary stocks. In November the portfolio's holdings returned 8% while the S&P 500 consumer discretionary

A portfolio manager had 10% of his portfolio in consumer discretionary stocks. In November the portfolio's holdings returned 8% while the S&P 500 consumer discretionary sector returned 11%.

What did the consumer discretionary sector of the portfolio contribute in terms of item selection to the portfolio's return vs. the benchmark

- 0.30% (- 30 basis points)

-3% (- 300 basis points)

+0.30% (30 basis points)

+3% (300 basis points)

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