In a Particular Year, Aggie Mutual Fund Earned a Return

question 11

Multiple Choice

In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes: The return on a bogey portfolio was 10%, calculated as follows: The contribution of selection within markets to total excess return was

• A)1%.
• B)3%.
• C)4%.
• D)5%.

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Definitions:

Anti-bureaucratic Agenda

A political stance or policy objective aimed at reducing the size, influence, or power of government bureaucracies and the administrative agencies and regulations they enforce.

Regulatory Policy

Rules or guidelines issued by government agencies aimed at controlling or influencing the behavior of individuals and organizations.

Indirect Influence

The effect on individuals or processes that is not directly imposed but occurs through secondary or less obvious channels.

Federal Bureaucracy

The collection of government agencies and institutions that implement and administer federal laws and programs.