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HU As an analyst at The Hob, you are tasked to assess the performance of a parthufio comorsed of the following Asset class Domestic equity

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HU As an analyst at The Hob, you are tasked to assess the performance of a parthufio comorsed of the following Asset class Domestic equity FX Cryptocurrencies Cash Actual return Actual weight 6.30% 4.50% 11% 1% 20% 30% 40% 10% Benchmark weight 30% 20% 20% 30% Index return 7% 5% 15% 0.9% a) What is the overall return of the portfolio? [1 mark] b) Did the portfolio over- or under-performed compared to its benchmark? What was the amount of over-or under-performance? [3 marks] c) In the over/underperformance identified in the previous question, what was the contribution of security selection? [2 marks] d) What was the contribution of asset allocation? [2 marks] e) Did the manager of the portfolio did a better job from a security selection or asset allocation perspective? Explain. [2 marks]

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