Attribution analysis uses the Portfolio Manager's and Benchmark's asset allocations and returns across asset classes. A potential investor wishes to understand the skills of a Portfolio Manager based on the data below: Asset Class Port. Weight BM Weight Port. Return BM Return Equity 20% 60% 6% 8% Bonds 80% 40% 6% 4% Which of the following statement is incorrect The sum of selection effect returns and allocation effect returns equal -0.40% O The portfolio underperformed the benchmark by 0.40% O The portfolio manager is worse at market timing than the ability to identify mispriced securities. O The Allocation Effect return is -1.60% The selection effect returns is negative