In a Particular Year, Salmon Arm Mutual Fund Earned a Return

question 38

Multiple Choice

In a particular year, Salmon Arm Mutual Fund earned a return of 16% by making the following investments in asset classes: The return on a bogey portfolio was 12% calculated as follows:
-The contribution of security selection within asset classes to the total excess return was __________.

• A) 1.5%
• B) 2.0%
• C) 2.5%
• D) 3.5%

---

Definitions:

Homeostasis

Maintenance of normal internal conditions in a cell or an organism by means of self-regulating mechanisms.

Metabolic Wastes

Substances left over from metabolic processes (like cellular respiration) which cannot be used by the organism and must be excreted.

Metabolic Wastes

Substances left over from metabolic processes (like respiration, digestion, and assimilation) that cannot be used by the organism and must be excreted.

Cell Metabolism

The intricate set of life-sustaining chemical transformations within the cells of living organisms, involving energy production and the synthesis of necessary compounds.