Refer to the performance data for three mutual funds and the market po

Refer to the performance data for three mutual funds and the market portfolio in the following table. Which is the best investment based on its excess return per unit of systematic risk?

AGF AIM Alta Market Risk-free
5 year return 0.1348 0.0784 0.0574 0.1361 0.02
Beta 1.35 1.02 0.78 1 0
Treynor Index ? 0.0573 0.0479 0.1161

A) AGF
B) AIM
C) Alta
D) Market
E) Risk-Free

ANSWER

D