Weight Weight Return Return Asset Allocation

Asset Class P B P B Active Weight Attribution

UK 25.00% 15.00% 12.00% 20.00% 10.00% 2.00%
Germany 20.00% 10.00% 15.00% 15.00% 10.00% 1.50%
US 45.00% 50.00% 14.00% 10.00% -5.00% -0.50%
Japan 10.00% 25.00% 12.00% 5.00% -15.00% -0.75%
Total Return 13.50% 10.75% 0.25%
Total Return Difference 2.75%

Attributed to asset allocation 0.25%

Attributed to security selection 2.50%
Total Attribution 2.75%
 Security Selection
Excess Performance Attribution
-8.00% -2.00%
0.00% 0.00%
4.00% 1.80%
7.00% 0.70%
2.50%