Question: 6. The mutual fund X has value weights on four sectors and returns as given in the table below. The table also shows the weights

 6. The mutual fund X has value weights on four sectors

6. The mutual fund X has value weights on four sectors and returns as given in the table below. The table also shows the weights and returns of the fund's benchmark portfolio. (a.) How did the fund perform compared with the benchmark, overperformance or underperformance? (b.) Provide a performance attribution of mutual fund's return in terms of its broad asset class allocation and stock selection relative to the benchmark. 6. The mutual fund X has value weights on four sectors and returns as given in the table below. The table also shows the weights and returns of the fund's benchmark portfolio. (a.) How did the fund perform compared with the benchmark, overperformance or underperformance? (b.) Provide a performance attribution of mutual fund's return in terms of its broad asset class allocation and stock selection relative to the benchmark

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