Question: Consider the following information regarding the performance of a money manager in a recent month. The table presents the actual return of each sector of

 Consider the following information regarding the performance of a money manager
in a recent month. The table presents the actual return of each

Consider the following information regarding the performance of a money manager in a recent month. The table presents the actual return of each sector of the manager's portfolio in column (1). the fraction of the portfolio allocated to each sector in column (2), the benchmark or neutral sector allocations in column (3), and the returns of sector indexes in column (4). (0) (2) (3) (4) Actual Actual Benchmark Index Return Weight Weight Return Equity 3.1% 0.50 0.40 3.8% (S&P 500) Bonds 2.7 0.30 3.0 (Aggregate Bond index) Cash 2.1 0.20 0.20 2.1 0.40 a-1. What was the manager's return in the month? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Manager's return | % a-2. What was her over or underperformance? (Input the value as positive valus. Do not round intermediate calculations, Round your answer to 2 decimal places.) (Click to select) % b. What was the contribution of security selection to relative performance? (Negative MacBook Air 2-1. What was the manager's return in the month? (Do not round intermedia calculations, Round your answer to 2 decimal places.) Manager's return 1% a-2. What was her over or underperformance? (Input the value as positive value. Do no round intermediate calculations. Round your answer to 2 decimal places.) (Click to select) % b. What was the contribution of security selection to relative performance? (Negativ value should be indicated by a minus sign. Do not round Intermediat calculations. Round your answer to 2 decimal places.) Contribution of security selection 96 c. What was the contribution of asset allocation to relative performance? (Do no round intermediate calculations. Round your answer to 2 decimal places.) Contribution of asset allocation 96

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