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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
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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