You are interested in evaluating the performance of the Rastalos fund. You believe that the right factor model is a four-factor model: the Fama-French 3-factor model to which a momentum factor is added. You have gathered historical monthly excess returns of the fund from January 1990 to September 2022. You run a regression of the funds excess return on the four factors and an intercept and obtain the following results.

Regression statistics

Multiple R	0.6558
R Square	0.4301
Adjusted R Square	0.4234
Standard Error	0.0525
Observation	345

	Coefficients	Standard Error	t-statistic	P-Value	Lower 95%	Upper 95%
Intercept	0.9855%	0.0029	3.3786	0.0008	0.0041	0.0156
Mkt-RF	1.1080	0.0728	15.2229	0.0000	0.9649	1.2512
SMB	0.0205	0.0936	0.2186	0.8271	-0.1636	0.2045
HLM	0.1763	0.1020	1.7282	0.0849	-0.0244	0.37969
MOM	0.0618	0.0635	0.9735	0.3310	-0.0631	0.1868

A. To which factor(s), if any, is the fund exposed? Justify your answer.

B. To which factor(s), if any, is the fund exposed? Justify your answer.