Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the managers portfolio in column 1, the fraction of the portfolio allocated to each sector in column 2, the benchmark or neutral sector allocations in column 3, and the returns of sector indices in column 4.

	Actual Return		Actual Weight	Benchmark Weight	Index Return
Equity	2.6	%	0.4	0.6	3.1% (S&P 500)
Bonds	1.5		0.2	0.1	1.7 (Barclays Aggregate)
Cash	0.7		0.4	0.3	0.8

What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

Contribution of security selection

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