The Alpha and Omega Fund (AOF) has outperformed the market for the past three years. The benchmark for the portfolio is the S&P/ASX 20. In the first two years portfolio Manager Sylvia chose large Australian equities for the portfolio along with about 10% of the holdings from medium and small company Aussie shares. In the last year Sylvia added dividend paying Asia-Pacific stocks in Japan, Taiwan and Indonesia. These constitute about 5% of the portfolio in addition to the 10% from small/medium Australian equities and 85% from large Australian equities Assess the suitability of the S&P/ASX 20 as the benchmark for the Alpha and Omega Fund