Exhibit 25-11

USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

The last year's performance for four mutual funds is presented below. The market return was 10.70%, last year with a standard deviation of 13.1% and the risk-free rate of return was 5%.

Refer to Exhibit 25-11. Based on the Treynor Measure, which portfolio preformed best?

a.	A
b.	B
c.	C
d.	D
e.	Market