Consider the following partial attribution showing KAM fund 3Q 2011 performance relative to its benchmark: Portfolio Benchmark Weight Return Weight Return TOTAL 100.00 -18.27 100.00 -18.46 CONSUMER DISCRETIONARY 11.73 -17.01 12.10 -19.76 CONSUMER STAPLES 2.69 -29.02 6.35 -7.35 ENERGY 7.87 -26.87 6.27 -28.51 FINANCIAL SERVICES 18.09 -30.41 31.89 -20.86 HEALTH CARE 5.14 -16.60 6.49 -18.12 MATERIALS & PROCESSING 6.55 -21.85 5.18 -27.25 PRODUCER DURABLES 15.81 -12.90 10.83 -25.66 TECHNOLOGY 11.01 -25.34 6.02 -15.51 UTILITIES 16.49 -3.53 14.87 -3.88 Cash 5.17 0.00 0.23 0.00 i. From the 3Q 2011 partial attribution, state whether the following sectors have positive or negative asset allocation and why -Financial Services, Producer Durables and Technology?

Consider the following partial attribution showing KAM fund 3Q 2011 performance relative to its benchmark: Portfolio Benchmark Weight Return Weight Return TOTAL 100.00 -18.27 100.00 -18.46 CONSUMER DISCRETIONARY 11.73 -17.01 12.10 -19.76 CONSUMER STAPLES 2.69 -29.02 6.35 -7.35 ENERGY 7.87 -26.87 6.27 -28.51 FINANCIAL SERVICES 18.09 -30.41 31.89 -20.86 HEALTH CARE 5.14 -16.60 6.49 -18.12 MATERIALS & PROCESSING 6.55 -21.85 5.18 -27.25 PRODUCER DURABLES 15.81 -12.90 10.83 -25.66 TECHNOLOGY 11.01 -25.34 6.02 -15.51 UTILITIES 16.49 -3.53 14.87 -3.88 Cash 5.17 0.00 0.23 0.00 i. From the 3Q 2011 partial attribution, state whether the following sectors have positive or negative asset allocation and why -Financial Services, Producer Durables and Technology?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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