investment strategy has been. Specifically, a potential client wants you to compare the performance of your portfolio strategy against a passive strategy of simply investing based on the same proportions of properties and locations comprising the index.

During the most current quarter, the following information has been provided to you based on property type and location:

$\backslash$table$[[$Bluestone Fund,Industry Index$],[\backslash$table$[[$Property$],[$Type$]],\backslash$table$[[\%$ of$],[$Fund$],[$Value$]],$Return,$\backslash$table$[[$Weighted$],[$Return$]],\backslash$table$[[\%$ of$],[$Index$],[$Value$]],$Return,$\backslash$table$[[$Weighted$],[$Return$]]],[$Apartments$,20\%,14\mathrm{.}0\%,2\mathrm{.}8\%,35\%,12\%,4\mathrm{.}2\%$