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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 managers 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 indexes in column
Actual Return Actual Weight Benchmark Weight Index Return
Equity S&PTSX Composite
Bonds FTSE TMX Universe
Cash
a What was the managers return in the month? Round your answer to decimal places. Input all amounts as positive values. Do not round intermediate calculations. Omit the sign in your response.
The managers return in the month is
a What was her overperformance or underperformance? Round your answer to decimal places. Input all amounts as positive values. Do not round intermediate calculations. Omit the sign in your response.
Underperformed by
b What was the contribution of security selection to relative performance? Round your answer to decimal places. Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Omit the sign in your response.
Contribution of security selection
c What was the contribution of asset allocation to relative performance? Do not round intermediate calculations. Round your answer to decimal places. Negative amount should be indicated by a minus sign. Omit the sign in your response.
Contribution of asset allocation
c Whether the sum of selection and allocation contributions equals her total excess return relative to the bogey.
multiple choice
Yes
No
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