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ANSWER IS 1.2 Please explain and show work on how to find answer. Thanks The table below represents the breakdown of the actual returns for

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ANSWER IS 1.2

Please explain and show work on how to find answer. Thanks

The table below represents the breakdown of the actual returns for a pension fund during a given quarter. The table also contains the benchmark weights and returns against which the pension fund is measured. Calculate the Fund's outperformance (or underperformance) relative to the Benchmark, i.e. the fund's performance minus the performance of the benchmark. If the fund underperformed, the relative performance should be a negative number

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