CSI IFC Question Answer
Jim is reviewing several mutual funds and has gathered the following data:
Fund — Sharpe Ratio — Portfolio Return (%) — Standard Deviation
ABC Canadian Equity Fund — 1.11 — -4.2 — 2.1
DEF Government Bond Fund — 0.02 — 7.8 — 6.3
GHI Precious Metals Fund — -0.90 — 3.3 — 8.7
JKL Global Infrastructure Fund — -1.53 — -1.2 — 1.4
Which fund offers the best risk-adjusted return?

