MetaConsider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager$’$s portfolio in column $1,$ the fraction of the portfolio allocated to each sector in column $2,$ the benchmark or neutral sector allocations in column $3,$ and the returns of sector indices in column $4.$

Actual Return Actual Weight Benchmark Weight Index Return

Equity $2\mathrm{.}1\%0\mathrm{.}70\mathrm{.}52\mathrm{.}6\%$

Bonds $1\mathrm{.}1\%0\mathrm{.}10\mathrm{.}21\mathrm{.}3\%$

Cash $0\mathrm{.}5\%0\mathrm{.}20\mathrm{.}30\mathrm{.}5\%$

Required:

a$-1.$ What was the manager$’$s return in the month?

Note: Do not round intermediate calculations. Input amount as positive value. Round your answer to $2$ decimal places.

a$-2.$ What was her overperformance or underperformance?

Note: Do not round intermediate calculations. Input amount as positive value. Round your answer to $2$ decimal places.

b$.$ What was the contribution of security selection to relative performance?

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places. Negative amount should be indicated by a minus sign.

c$.$ What was the contribution of asset allocation to relative performance?

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places. Negative amount should be indicated by a minus sign