Question: The WorldValue fund has value weights on asset classes and returns as given in the table below. There are four major asset classes: Europe, Pacific,
The WorldValue fund has value weights on asset classes and returns as given in the table below. There
are four major asset classes: Europe, Pacific, Emerging and North America (Canada and USA).The table also shows the weights and returns of the fund's benchmark portfolio, the World Index.

Europe Pacific Emerging North America Canada USA World Value Fund weight (%) 22.2 28.0 16.3 33.5 11.5 22.0 World Value Fund return (%) -3.4 4.5 12.8 3.4 5.0 2.6 World Index weight (%) 20.0 18.5 12.0 49.5 5.1 44.4 World Index return (%) 0.1 4.7 10.6 2.7 2.8 2.7
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