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We are examining two different managers for the last 8 years to find out which one has a better track record to follow an index.

We are examining two different managers for the last 8 years to find out which one has a
better track record to follow an index.
Year Manager A Manager B Index
19.07%9.06%9.1%
210.1310.1810.16
312.2412.3411.98
46.736.726.71
52.142.122.22
6-1.67-1.65-1.89
7-0.49-0.79-0.67
84.825.065.03
a/ Which manager has the highest average return?
b/ What is the tracking error for each manager? Which manager was the closest to the
index?

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