D 2 Problem 2 4 5 Region 7 Dollar bloc 8 Emerging markets 9. Developed Europe 10 Japan 11 UK/Ireland 12 Developed Asla (ex-Japan) 13 Multinational Fund Welght 6.1 34.8 28.0 9.3 16.0 2.9 2.8 Index Relative Welght Weight 13.5 22.6 29.9 15.4 15.0 3.7 0.0 Fund Return 10.6 9.6 15.6 2.6 18.0 11.4 12.9 Contribution in Basis Points Index Relative Stock Sector Retum Return Selection Weight Total 9.4 10.6 14.0 5.0 17.1 17.6 12.6 15 Total 100.0 100.0 12.2 11.8 16 17 18 Questions 19 1. What is the fund's largest overweight? What can you infer about the portfolio manager's outlook? 20 2. Where did stock selection have the largest positive impact? Negative impact? 21 3. Explain the breakdown of the total contribution of emerging markets to performance. 22 4. Explain the breakdown of the total contribution of Japan to performance. 23 24 26 27 28 29 30 31 32 33 34 35 36