A fund of funds will invest in many different funds since its assets under management is very large. It will use the ________ measure to evaluate the performance of its portfolio.

An index fund wishes to add an active portfolio to its current passive holdings. It will use the ________ to evaluate the performance of its portfolio.

1. Sharpe; Information Ratio

2. Treynor; Treynor Measure

3. Sharpe; Treynor Measure

4. Treynor; Information Ratio

5. Cannot be determined from the information given