Questions 25-26 are based on the following information: Below are the North American Growth Fund (NAGF) &
Question:
Questions 25-26 are based on the following information:
Below are the North American Growth Fund (NAGF) & Benchmark (BM) asset class weights & returns:
Asset Class NAGF Wt. BM Wt. NAGF Ret. BM Ret.
Fixed Income 50% 40% 15% 12%
Equities 40% 45% 18% 14%
Real Estate 10% 15% 20% 15%
25) For the Fixed Income asset class, what is the contribution from allocation?
a) + 1.6%
b) - 1.6%
c) + 1.2%
d) - 1.2%
e) None of the above
26) For the Equities asset class, what is the contribution from selection?
a) + 1.6%
b) - 1.6%
c) + 1.2%
d) - 1.2%
e) None of the above
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson