The benchmark for HSIF is 70% on the Russell 3000 and 30% on the Barclays Aggregate Index. The Russell 3000 is expected to return 13% next year and the Agg index 2%. Cash yields 9 bps. If the HSIF team puts 70% in equities, 18% in fixed income and 12% in cash, and it is no better nor worse at picking stocks and bonds than average, what is the expected return for HSIF over the next year? Report your answer as a percent. For example, if your answer is 10.32 percent, enter 10.32 without the word percent or the sign. Do not enter it as .1032.