The Skill Attribution chart is designed to show how much of a manager’s return comes from skill. The chart’s top section shows the manager’s over or under performance, either positive or negative, against both the manager’s benchmark and static clone portfolio. The bottom chart shows the return derived from manager skill. Using Aapryl’s proprietary skill calculation, the manager’s skill will equal the excess return over the benchmark minus the excess return over the static clone. Positive skill will be displayed in green and negative skill will be displayed in red.