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Please solve for the attached screen shot Consider the following information regarding the performance of a money manager in a recent month. The table represents
Please solve for the attached screen shot
Consider 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. Equity Bonds Cash Actual Return 2.4% 1 8.7 Actual Weight 8.2 2.2 2.6 Benchmark Weight 0.3 0.2 2.5 Index Return 2.9% (S&P 500) 1.2 (Barclay's Aggregate) 0.8 (T-Bills) a-1. What was the manager's return in the month? (Do not round Intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. The manager's return in the month is 4.45 % a-2 What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.) b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Contribution of security selection c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Contribution of asset allocation %Step by Step Solution
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