Kelli Blakely is a portfolio manager for the Miranda Fund, a core large-cap equity fund. The market proxy and benchmark for performance measurement purposes is the S&P 500. Although the Miranda portfolio generally mirrors the asset class and sector weightings of the S&P, Blakely is allowed a significant amount of leeway in managing the fund. However, her portfolio holds only stocks found in the S&P 500 and cash.

Explanation:

Reference to question given, an explanation on Blakely performance is that she produced excellent results through her skills and timely decisions in finance and funds.

This can be seen in this way that for the complete year, her asset class exposures averaged 50% in stocks and 50% in cash.

The S&P distribution between stocks and cash during period was strictly 97% and 3%, respectively and the risk-free rate of return was 2%.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are: