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

question 31

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 is the contribution of security selection to relative performance?

• A) -0.15%
• B) 0.15%
• C) -0.3%
• D) 0.3%

---

Definitions:

Multiunit Structures

Organizational arrangements where a single entity controls multiple, semi-independent units or branches that operate under a common framework but may have their own management.

Virtual Structures

Organizational designs that rely heavily on digital and telecommunication networks to connect geographically dispersed members.

Personal Autonomy

The capacity to make an informed, uncoerced decision about one's own actions and life direction.

Informal Communication

A type of communication that occurs outside official channels without formal procedures or structure.