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The manager uses EAFE as a benchmark. Last year's performance for the fund and the benchmark were as follows: EAFE Weight Return on Equity index

The manager uses EAFE as a benchmark. Last year's performance for the fund and the benchmark were as follows:
EAFE Weight Return on Equity index Currency Appreciation Manager's weights Manager's return
EUR 0.25 10% 7% 0.2 11%
AUS 0.35 8% -2% 0.4 7%
FE 0.4 14% 5% 0.4 14%

Calculate Currency selection contribution to returns?

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