How do you arrive at that answer ? Can you tell me all your working out and explanation for each step ? Transcribed Image Text: [SINGLE]
In a particular year, Didsbury Mutual Fund earned a return of 2% by making the following investments in asset classes:
|Weight Return
Bonds 40%
5%
Stocks 60%
0%
The return on a bogey portfolio was 2%, calculated from the following information.
Weight Return
Bond index
50%
5%
Stock market index 50%
|-1%
The contribution of selection within markets to the Didsbury Mutual Fund’s total excess return was
Selected Answer:
-0.60%
Answers:
0.60%
0.00%
-0.10%
-0.60%
None of the above.