You work at a fund-of-fund and your supervisor has assigned you to study the performance of a particular fund that your company is considering investing in. You decided to use this fund's past monthly performance (R) and estimate the Fama-French-Carhart model. The following regression is your estimation result: Rt = 0.04 + 1.6(RM - R ) - 0.6SMB +0.07HML+0.65PR1YR et where RM is the monthly aggregate stock market return, Rf is the risk-free rate, and et is the regression error term. Which of the following is false regarding your estimation result? O This fund like to invest in momentum stocks. This fund like to invest in value stocks. O This fund doesn't like to invest in small stocks. The manager of this fund doesn't appear to have investing skills. O This fund doesn't like to invest in low beta stocks