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 managerAc??cs 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).

(1)

Actual

Return

(2)

Actual

Weight

(3)

Benchmark

Weight

(4)

Index

Return

3.2%

   4.0%

  2.9

  2.0

What was the managerAc??cs return in the month? (Do not

round intermediate calculations. Round your answer to 2 decimal

places.)

return=_____________%

What was her over or underperformance? (Input the value

as positive value. Do not round intermediate calculations. Round

your answer to 2 decimal places.)

overperformance?=___________%

  b.

What was the contribution of security selection to relative

performance? (Negative value should be indicated by a minus

sign. Do not round intermediate calculations. Round your answer to

2 decimal places.)

selection=___________%

  c.

What was the contribution of asset allocation to relative

performance? (Do not round intermediate calculations. Round

your answer to 2 decimal places.)

asset allocation=____________%