In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes

The return on a bogey portfolio was 10%, calculated as follows:

33) The total excess return on the Aggie managed portfolio over and above the benchmark was a) 1% b) 3% c) 4% d) 5% 34) The contribution of asset allocation across markets to the total excess return was a) 1% b) 3% c) 4% d) 5% 35) The contribution of selection within markets to total excess return was a) 1% b) 3% c) 4% d) 5%