5. d. Why there a to evaluate returns from your comme determine how Livestment fu your You have been asked benchmark index to fu is Fund) against an industry successful the active" investment strategy has been. Specifically, a potential client wants you to compare on performance of your portfolio strategy against a "passive" strategy of simply investing based the same proportions of properties and locations comprising the index. you based on the current quarter the following information has been provided to property type and location: Industry Index Bluestone Fund of of Weighted Weighted Index Fund Property Value Return Return Return Value Return Type 8.9% 20,4% 1.8% 1.8% 14,4% 13.0% Apartments 8.5% 2.1% 0.2% 0.0% 0.0% 0.0% Hotel 16.0% 7.0% 1.2% 1.1% 8.5% 13.5% Industrial 37.2% 7.6% 2.8% 5.6% 44.1% 12.7% Office 9.7% 24.3% 2.4% 2.4% 8.6% 28.3% Retail 100.0% 8.3% 11.0% 100.0% Total