W
wyatt.krs
Member
Hi all,
I'm looking at April 2010 Question 6(iii) and October 2011 Question 9(iii), both of which asked for stock selection profit at asset class level.
In the Core Reading, it says to determine the contribution of each asset class to the overall stock selection profit we calculate:
actual sector weight x (actual sector return – notional sector return)
I can this formula is being applied in October 2011 Question 9(iii) but not in April 2010 Question 6(iii) and I can't figure out why this is the case. Can someone please explain?
Many thanks in advance.
I'm looking at April 2010 Question 6(iii) and October 2011 Question 9(iii), both of which asked for stock selection profit at asset class level.
In the Core Reading, it says to determine the contribution of each asset class to the overall stock selection profit we calculate:
actual sector weight x (actual sector return – notional sector return)
I can this formula is being applied in October 2011 Question 9(iii) but not in April 2010 Question 6(iii) and I can't figure out why this is the case. Can someone please explain?
Many thanks in advance.