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Weight Return (%) Primo Benchmark | Primo Benchmark 0.80 0.50 17 0.35 0.40 26 -0.15 20 18 Style Category Large-cap growth Mid-cap growth Small-cap growth
Weight Return (%) Primo Benchmark | Primo Benchmark 0.80 0.50 17 0.35 0.40 26 -0.15 20 18 Style Category Large-cap growth Mid-cap growth Small-cap growth 16 24 0.10 Consider the information regarding the performance of Primo fund and benchmark in a recent year. (1). How did Primo fund perform compared with the benchmark, overperformance or underperformance? (Provide the final answer only.) (2). What was the contribution of security selection to relative performance? (Show calculation steps and final answer. Round the result to the second decimal place). (3). What was the contribution of asset allocation to relative performance? (Show calculation steps and final answer. Round the result to the second decimal place)
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