You just funished the first quarter managing a portfolio for a client. The initial investment was $200,000 and at the end of the quarter the value was $202,660. Your performance is judged against a combination of U.S. and Non-U.S. equity indices, The U.S. index is the S\&P 500 and has a weight of 80%. The Non-U.S. index is the MSCI EAFE and has a weight of 20%. For the quarter, the SEP 500 Index rose from 1528.35 to 1549.17 and the MSCI EAFE fell from 1234.24 to 1229.47. What is the return from the benchmark? (recurring content question) 1.019 1.17% 0.9765 0.44% 1.75%