Use the following data to answer the question regarding the performance of Guardian Stock Fund and the market portfolio. The risk-free return during the sample period was 5%.

	Guardian		Market Portfolio
Average return	14	%	10	%
Standard deviation of returns	27	%	21	%
Beta	1.5		1
Residual standard deviation	4	%	0	%

Calculate the information ratio measure of performance for Guardian Stock Fund. (Round your answer to 2 decimal places. Do not round intermediate calculations.)