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Did the performance turned in by the investment manager underperform or outperform the S&P 500? By how much? Show your work. You would have to
Did the performance turned in by the investment manager underperform or outperform the S&P 500? By how much? Show your work.
You would have to find the weighted averages of the two portfolios and compare that.
Sector | Portfolio Weight | S&P Weighting | Differences in Weighting | Portfolio Return | S&P Return | Sector over-or under Performance | Sector Allocation Contributions |
Telecommunications Services | 3.10% | 5.90% | -2.80% | 2.50% | 3.10% | .60% | -1.68% |
Utilities | 7.50% | 3.80% | 3.70% | 3.10% | 1.90% | 1.20% | 4.44% |
Information Technology | 14.30% | 17.90% | -3.60% | 4.90% | 3.20% | 1.70% | -6.12% |
Materials | 6.30% | 3.70% | 2.60% | 4.80% | 5.10% | -0.30% | -0.78% |
Financials | 13.40% | 17.10% | -3.70% | 6.20% | 4.80% | 1.40% | -5.18% |
Consumer Discretionary | 12.70% | 13.50% | -0.80% | 2.10% | 4.00% | -1.90% | 1.52% |
Industrials | 14.10% | 11.90% | 2.20% | 4.90% | 3.10% | 1.80% | 3.96% |
Energy | 8.40% | 8.00% | 0.40% | 3.70% | 8.60% | -4.90% | -1.96% |
Healthcare | 15.30% | 11.70% | 3.60% | 9.80% | 5.70% | 4.10% | 14.76% |
Consumer Staples | 4.90% | 6.50% | -1.60% | 1.50% | 13.20% | -11.70% | 18.72% |
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