Question 1 Performance Evaluation (20 Marks) You are a financial advisor at Investment Advisory Limited. A client has come to you for professional advice. Based on the clients investment objectives and constraints, you have identified two possible funds: Fund A and Fund B. You have gathered the following information to assist you with advising your client: Fund A Fund B Average Return 16.60% 14.40% Standard Deviation 21.60% 24.90% Beta 1.20 0.80 Residual Standard Deviation () 10.30% 19.10% Assume that the risk-free rate of return is 6% and the average return on the market portfolio is 14%. Required: 1.1. Using the information provided above, determine the following statistics for each fund: i. Alpha (4 marks) ii. Information ratio (4 marks) iii. Sharpe ratio (4 marks) iv. Treynor ratio (4 marks)s)