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You are a new investor and are creating your first portfolio. You are considering a portfolio of two assets: 1) an S&P 500 Index Mutual

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You are a new investor and are creating your first portfolio. You are considering a portfolio of two assets: 1) an S&P 500 Index Mutual Fund and 2) Cash. If you allocate 26% to Cash and the rest to the mutual fund, how might you expect this portfolio to perform? Multiple Choice a On a down day in the market, you expect your portfolio will fall less than the overall stock market declines O On an up day in the market, your portfolio should precisely mirror the stock market's return O There is not enough information to determine how this portfolio will respond. O the riskiness of your portfolio exceeds that of the stock market. On a down day in the market, your portfolio should gain in value

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