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Balanced Fund (P) invests in stocks and bonds. The weights and performance of the fund P, as well as an appropriate benchmark (B), over

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Balanced Fund (P) invests in stocks and bonds. The weights and performance of the fund P, as well as an appropriate benchmark (B), over the last year are shown: Stocks Bonds Weightings Balanced Returns Balanced Weightings Benchmark Returns Benchmark 85% 15% 10% 2% 60% 12% 40% 3% Attribute the performance of Balanced Fund against the benchmark in stocks, between Asset Allocation (AA) and Security Selection (SS). (3 marks) Enter your answer to 3 decimal places eg if your answer is 0.4579 enter as 0.458.

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