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The average returns, standard deviations and betas for three funds are given below along with data for the S&P 500 index. The risk-free return during the sample period is 6%. You wish to evaluate the three mutual funds using the Sharpe measure for performance evaluation. The fund with the highest Sharpe measure of performance is ________.
Clean Water Act
U.S. federal law that regulates the discharge of pollutants into the nation's surface waters, including lakes, rivers, streams, and coastal areas.
Wetlands
Areas where water covers the soil, or is present either at or near the surface of the soil all year or for varying periods of time during the year, including swamps, marshes, and bogs.
Community Right-to-Know Act
U.S. federal law that requires industries to report storage, use, and releases of hazardous substances to inform community safety and health.
Chemical Hazards
Pertains to any chemical substance that can cause harm to individuals or the environment when improperly managed, stored, or used.
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