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This question relates to the Bottom up investment performance appraisal. The following table provides the top 6 holdings of a fund and its benchmark, and

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This question relates to the Bottom up investment performance appraisal. The following table provides the top 6 holdings of a fund and its benchmark, and the return for each asset over the last 1 year. Security Name Weight in Fund Weight in Index Return Industry AMZN 8% 7% 28% Tech GO 7.5% 6.5% 25% Tech JMT 0.6% 2.5% 2% Tech BGA 3% 7% 7 5% Cons. Staples CA 2% 6% 7% Cons. Staples BTU 2.5% 4.5% 8% Cons. Staples Calculate the Selection Effect for the fund. CA 2% 6% Cons. Staples BTU 2.5% 4.5% 8% Cons. Staples Calculate the Selection Effect for the fund. 02.01% O 5.34% O 19.56% None of the other answers are correct 3.33%

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