3. The return on the SEFCO equity fund is 30%. The benchmark equity index return is 27%.
The return on the SEFCO bond fund is 8% whereas that on the fixed income benchmark
index is 9%. The strategic asset allocation is given as 60% equities and 40% bonds. The
investor’s asset allocation is 65% equity and 35% bonds. The active return attributable to
security selection is closest to:
A. 1.6%.
B. 0.9%.
C. 2.5%.
Bạn đang xem 3. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R51 ANALYSIS OF ACTIVE PORTFOLIO MANAGEMENT Q BANK
