Question
After a year, you compile the portfolio attribution report for Kyles portfolio. Analyse the portfolio returns by: (d) Calculating the contribution (in basis points) of
After a year, you compile the portfolio attribution report for Kyles portfolio.
Analyse the portfolio returns by: (d) Calculating the contribution (in basis points) of both the sector allocation of Singapore equities and the securities selection of US equities. (e) Discussing the results of the portfolio attribution report.
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1. ASSET ALLOCATION 2. SELECTION A. SINGAPORE EQUITIES 129 I. SECTOR ALLOCATION II. SECURITIES SELECTION 18 147 x 40% SINGAPORE SUB-TOTAL (portfolio weight) B. US EQUITIES I. SECTOR ALLOCATION 20 II. SECURITIES SELECTION 256 236 x 60% US SUB-TOTAL (portfolio weight) TOTAL EXCESS RETURN OF PORTFOLIO CONTRIBUTION BASIS POINTS 31 142 231 1. ASSET ALLOCATION 2. SELECTION A. SINGAPORE EQUITIES 129 I. SECTOR ALLOCATION II. SECURITIES SELECTION 18 147 x 40% SINGAPORE SUB-TOTAL (portfolio weight) B. US EQUITIES I. SECTOR ALLOCATION 20 II. SECURITIES SELECTION 256 236 x 60% US SUB-TOTAL (portfolio weight) TOTAL EXCESS RETURN OF PORTFOLIO CONTRIBUTION BASIS POINTS 31 142 231Step by Step Solution
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