The Manager of Quantitative International Fund Uses EAFE as a Benchmark

question 6

Multiple Choice

The manager of Quantitative International Fund uses EAFE as a benchmark. Last year's performance for the fund and the benchmark were as follows:

Calculate Quantitative's country selection return contribution.

• A) 12.5%
• B) −12.5%
• C) 11.25%
• D) −1.25%
• E) 1.25%

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Definitions:

Mongol Empire

A vast empire in the 13th and 14th centuries that was founded by Genghis Khan and became the largest contiguous land empire in history.

Ancient City

A city that existed during a time long past, often part of early civilizations and archaeological studies.

Turkey

A country located at the crossroads of Europe and Asia, known for its rich history, cultural heritage, and strategic geographical location.

Sickle-Cell Anemia

An inherited form of anemia produced by a mutation in the hemoglobin protein that causes the red blood cells to assume a sickle shape.