Q.9 Excess weight or Weights Policy 50% stocks 50% bonds Actual 60% stocks 40% bonds 0-10 - 10 Returns Index 8% stocks 5% bonds Actual 9% stocks 7% bonds Which of the following statements is TRUE? The portfolio manager earned an extra 0.3% because of a shift in allocation out of bonds and into stocks, b The portfolio manager earned an extra 0.3% because of a shift in allocation out of stocks and into bonds. The portfolio manager earned an extra 6,5% because of a shift in allocation out of bonds and into stocks, d. The portfolio Manager carned an extra 6.5% because of a shift in allocation out of stocks and into bonds. None of these are correct. e