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Consider the following information about a portfolio: Asset Class Allocation Target Allocation Actual Benchmark Return Fund Return Japan 0 . 1 0 0 . 1

Consider the following information about a portfolio:
Asset Class Allocation Target Allocation Actual Benchmark Return Fund Return
Japan 0.100.158.00%9.20%
Europe 0.200.257.50%7.00%
Emerging Market 0.300.2716.00%16.10%
North America 0.400.338.00%8.20%
A) What is the security selection effect for this portfolio?
The security selection effect is
%. Round your answer to the nearest three decimals places.
B) What is the asset allocation effect for this portfolio?
The asset allocation effect is
%. Round your answer to the nearest three decimals places.

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