M$11$ Problem$-16$

Problem $9-16$ Performance Attribution

Consider the following information about a portfolio:

$\backslash$table$[[$Asset Class,Allocation Target,Allocation Actual,Benchmark Return,Fund Return$],[$Japan$,0\mathrm{.}10,0\mathrm{.}10,7\mathrm{.}00\%,8\mathrm{.}00\%],[$Europe$,0\mathrm{.}20,0\mathrm{.}25,8\mathrm{.}00\%,7\mathrm{.}70\%],[$Emerging Market,$0\mathrm{.}30,0\mathrm{.}27,15\mathrm{.}00\%,15\mathrm{.}10\%],[$North America,$0\mathrm{.}40,0\mathrm{.}38,9\mathrm{.}00\%,9\mathrm{.}10\%]]$

A$)$ What is the security selection effect for this portfolio?

The security selection effect is $,.$ Round your answer to the nearest three decimals places.

B$)$ What is the asset allocation effect for this portfolio?

The asset allocation effect is $\%.$ Round your answer to the nearest three decimals places.