Question: What is performance attribution? What is it used for? Pick the BEST answer ( s ) . Select 2 correct answer ( s ) Question

What is performance attribution? What is it used for?Pick the BEST answer(s).
Select 2 correct answer(s)
Question 5 options:
It breaks down investment returns into their component parts and then compares them to how similar properties performed so that owners and managers can better understand the sources and causes of how their investments performed by quantifying each parts performance.
It's a metric that is used to measure the overall returns on an investment. It's used to measure performance.
It's a metric that breaks down an investment into its component parts so that a manager can discuss how they performed with the property's owner
It's a metric that breaks down investment returns into their component parts and then compares them to benchmarks of similar investments so that managers can understand how their investments performed.

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