In using micro attribution analysis to break down the performance of the manager of a fund, the analyst finds the following for a particular asset class:
Portfolio Weight
9%
Sector Benchmark Weight
7%
Sector Portfolio Return
4%
Sector Benchmark Return
3%
Benchmark Return
0.2%
Based upon these numbers, the within sector selection return would be: A. 0.020%. B. 0.056%. C. 0.070%.
