In a Particular Year, Razorback Mutual Fund Earned a Return

question 20

Multiple Choice

In a particular year, Razorback Mutual Fund earned a return of 1% by making the following investments in asset classes:

The return on a bogey portfolio was 2%, calculated from the following information.

The total excess return on the Razorback Fund's managed portfolio was

• A) -1.80%.
• B) -1.00%.
• C) 0.80%.
• D) 1.00%.
• E) 1.90%

---

Definitions:

Moral Reforms

Initiatives aimed at improving society by addressing perceived moral shortcomings, often through legislation or social campaigns.

Women Athletes

Female individuals who participate in competitive sports or physical activities at various levels of skill and professionalism.

Croquet

A lawn game where players hit wooden or plastic balls with a mallet through hoops embedded in the grass.

Volleyball

A team sport in which two teams of six players are separated by a net, with each team trying to score points by grounding a ball on the other team's court.