1.bi) Please compute the Aggregate Return and Aggregate Dispersion for Table 2 using Formula. (with accuracy up to 3 decimal places in %) [2 marks] Note that Client C and Client D terminated their accounts at the end of 2020 with balance of $181.709m and end of 2019 with balance of $189.108m respectively. Table 2. 2017 2018 2019 2020 2021 7% 5% 8% 6% 7% 5% 4% 29 8% 6% 5% 3% 49 End of Year Returns Client A Client B Client Client D End of Period Assets (S millions) Client A Client B Client C Client D TOTAL Number of Portfolios Aggregate Return Aggregate Dispersion 40 80 160 180 460 53.416 99.102 42.800 84.000 166.400 183.600 476.800 46.224 89.040 174.720 189.108 499.092 49.460 93.492 181.709 324.660 152.518 4 4 3 2 Same as Table 1 Same as Table R2020 R21 Same as Table Same as Table 1 2020 2021 Show your working. Provide answers alone will not get you full marks. Answer: 1.bi) End of Year 2017 2018 2019 2020 Aggregate Return NA Same as Table 1 Same as Same as Aggregate Dispersion NA Table ! Table ! 2021 Same as Table ! 1.bii) Under ethical reporting of investment performance, which of the clients should be included or excluded by the Fund Manager when he aggregates the returns of his clients for 2018, 2019, 2021 and 2021 respectively? [2 marks] [Please fill include" or "exclude" in each box below] 2018 2019 2020 2021 Client A Client B Client C Client D 3 of 10 1.bi) Please compute the Aggregate Return and Aggregate Dispersion for Table 2 using Formula. (with accuracy up to 3 decimal places in %) [2 marks] Note that Client C and Client D terminated their accounts at the end of 2020 with balance of $181.709m and end of 2019 with balance of $189.108m respectively. Table 2. 2017 2018 2019 2020 2021 7% 5% 8% 6% 7% 5% 4% 29 8% 6% 5% 3% 49 End of Year Returns Client A Client B Client Client D End of Period Assets (S millions) Client A Client B Client C Client D TOTAL Number of Portfolios Aggregate Return Aggregate Dispersion 40 80 160 180 460 53.416 99.102 42.800 84.000 166.400 183.600 476.800 46.224 89.040 174.720 189.108 499.092 49.460 93.492 181.709 324.660 152.518 4 4 3 2 Same as Table 1 Same as Table R2020 R21 Same as Table Same as Table 1 2020 2021 Show your working. Provide answers alone will not get you full marks. Answer: 1.bi) End of Year 2017 2018 2019 2020 Aggregate Return NA Same as Table 1 Same as Same as Aggregate Dispersion NA Table ! Table ! 2021 Same as Table ! 1.bii) Under ethical reporting of investment performance, which of the clients should be included or excluded by the Fund Manager when he aggregates the returns of his clients for 2018, 2019, 2021 and 2021 respectively? [2 marks] [Please fill include" or "exclude" in each box below] 2018 2019 2020 2021 Client A Client B Client C Client D 3 of 10