Mark the only incorrect statement about the five main Fund performance measures:

	a.	If Funds A and B have the same Sharpe ratio, then the Fund with the highest expected return must have the highest volatility
	b.	Nonsystematic risk is called tracking error in the asset management industry
	c.	The Jensens measure helps us to identify which portfolio P has the highest alpha, or the actual return compared to CAPMs estimated return of P
	d.	Treynors ratio measures the excess return (over rf ) of portfolio P per unit of firm-specific risks risk