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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
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 manager's portfolio in column the fraction of the portfolio allocated to each sector in column the
benchmark or neutral sector allocations in column and the returns of sector indices in column
a What was the manager's return in the month? Do not round intermediate calculations. Input all amounts as positive values.
Round your answer to decimal places.
Answer is complete and correct.
a What was her overperformance or underperformance? Do not round intermediate calculations. Input all amounts as positive
values. Round your answer to decimal places.
Answer is complete but not entirely correct.
b What was the contribution of security selection to relative performance? Do not round intermediate calculations. Round your
answer to decimal places. Negative amount should be indicated by a minus sign.
c What was the contribution of asset allocation to relative performance? Do not round intermediate calculations. Round your
answer to decimal places.
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