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

question 47

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 manager's over or under performance for the month?

• A) Under performance = 0.03%
• B) Over performance = 0.03%
• C) Over performance = 0.14%
• D) Under performance = 3%

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Definitions:

Trustee

An individual or entity given control or powers of administration of property in trust with a legal obligation to manage that property solely for the benefit of the party who has designated the trust.

Estate Planning

The process of arranging the management and disposal of a person's estate during their life and after death.

Inheritance Management

The process of handling and distributing the assets of a deceased person's estate according to legal guidelines or their will.

Commune

A community living situation where resources are shared and decisions are made collectively.