Below is a statement containing two blanks, followed by two choices. Match the blanks with the appropriate choice:

Group of answer choices

The Sharpe ratio is the appropriate performance measure to be used when the portfolio represents ___.

[ Choose ] one subportfolio of many the entire investment fund

The Treynor measure is the appropriate performance measure to be used when the portfolio represents ___.

[ Choose ] one subportfolio of many the entire investment fund