The following weights and component fund returns were found in a fund of funds wrap account: Component Fund Weighting (%) Fund Return (%) Index Return (%) Value Added (%) Canadian Equity 40 +7.46 +5.97 +1.49 Canadian Bonds 40 +2.14 +2.41 -0.27 International Bonds 20 -0.54 +1.14 -1.68 Overall Portfolio 100 What is the wrap account's value added? a. +0.10% b. +0.15% c. +0.18% d. -0.10%
Added by Timothy V.
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