kindly show calculations

C) Suppose two investors have formed portfolios, A and B. designed to track a particular bench mark. Over a period of three years, the returns to the po as well as the index returns were as follows: (6 Marks) YR QUARTER MANAGED MANAGED PORTFOLIO A (%) PORTFOLIO B (%) 1 BENCHMARK 2013 3.9 -3.8 4.2 11 2013 2 2013 3 2013 4 2014 1 2014 2 2014 3 2.3 10.5 3.2 1.1 2.7 0.8 0.2 3.4 3.5 4.8 8.9 8.5 9.3 2014 4 -0.7 -0.6 0.9 8.2 7.9 6.2 4.3 4.9 2015 1 2015 2 2015 3 2015 4 0.2 0.3 Define tracking error in the context of passive portfolio management. (1 Mark) Calculate the annualized tracking errors for the portfolios for this period and comment on the performance of the managed portfolios? (11 Marks) [TOTAL: 20 MARKS]