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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 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 . Required: a-1. What was the manager's return in the month? Note: Do not round intermediate calculations. Input amount as positive value. Round your answer to 2 decimal places. a-2. What was her overperformance or underperformance? Note: Do not round intermediate calculations. Input amount as positive value. Round your answer to 2 decimal places. b. What was the contribution of security selection to relative performance? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign. c. What was the contribution of asset allocation to relative performance? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign
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