Recent Question/Assignment

I am really struggling in trying to answer the following:
-Teams will optimise the allocation of the two asset class components over the period January 1997 to December 2010 to achieve the investment objectives, with the desired distribution from the endowment fund. Teams will prove the ability of the benchmark to
achieve the desired level of distribution established in section 2 above with data from January 1997 to December 2010. Teams will use monthly rebalancing to maintain the bond: equity allocation for testing purposes. Average equity yields (details available from ETF factsheets) for each market must be considered in the allocation process.-
I have provided all relevant documents related to the assignment, but more specifically, the question above which is part 3 of the assignment. Please help me with the best of your ability.