The performance of two mutual funds is as follows. The average returns on A and B were 17.5% and 20% respectively. The standard deviation of the returns on A and B were 20% and 15% respectively. The average market return over the same period was 15% and its standard deviation was 24% and the beta of each fund with respect to this market/benchmark returns were 1.1 and 1.4 respectively. The risk-free rate was 2%. You are asked to evaluate the performance of these two funds because you have to choose one and only one of these funds to invest in. This investment will form 75 percent of the total investment portfolio of a trust fund that manages the entire wealth of a family, and the family relies on the income generated by the trust as their only income source. Which fund should the trust invest in? Fully justify your answer. In justifying your answer outline which performance measure should be used and why it is preferable to alternatives and outline any numerical calculations you have done. (2 marks)