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He/she had best performance in the Consumer Staples sector He/she was best at stock selection for Healthcare sector out of all other attribution aspects He/she
He/she had best performance in the Consumer Staples sector
He/she was best at stock selection for Healthcare sector out of all other attribution aspects
He/she made good allocation and good stock selection for Financials sector
He/she was bad at stock selection but good at allocation for the Consumer Staples sector
Sector ETF-> Benchmark Benchmark weights (Wsb) ETFs Returns (Rsb) Stocks Holding Weights (Wsh) Holdings Returns (Rsh) Financials XLF 0.25 1.27% AIG, etc. 0.23 0.31% Healthcare XLV 0.50 4.30% TC, etc. 0.55 5.92% Cons. Staples XLP 0.25 3.86% DIS, etc. 0.22 4.10% 3.43% Benchmark (R tot b) Portfolio (R tot p) 4.23% Difference 0.80% Sector Allocation Selection Interaction Sum Financials 0.04% -0.24% 0.02% -0.18% Healthcare 0.04% 0.81% 0.08% 0.93% Cons. Staples -0.01% 0.06% -0.01% 0.04% Sum 0.07% 0.63% 0.09% 0.80% Based on the two tables above, what can you say about this portfolio managerStep by Step Solution
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