The Table Presents the Actual Return of Each Sector of the Manager's

question 53

Multiple Choice

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) . What was the bogey's return in the month?

• A)2.07%
• B)2.21%
• C)2.24%
• D)4.80%

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Definitions:

Administrative Agencies

Government bodies responsible for the oversight and administration of specific regulations and laws within their jurisdiction.

Binding

Refers to agreements or contracts that legally obligate the parties involved to fulfill their respective parts of the deal.

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Legislation that has been approved by both houses of the United States Congress and has become law, often shaping the legal framework of the country.

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