i
+ Ui
Capital Market Line(CML)
Ei = £]1+
£]2i
+ Ui
where Ei represents expected
return on portfolio i and i
is the standard deviation of the return. Check whether the data support
the theory. (Eviews)
(Rats)
| average annual return, % | standard deviation of annual return, % | |
| Affiliated Fund |
14.6
|
15.3
|
| American Business Shares |
10
|
9.2
|
| Axe-Houghton, Fund A |
10.5
|
13.5
|
| Axe-Houghton, Fund B |
12
|
16.3
|
| Axe- Houghton, Stock Fund |
11.9
|
15.6
|
| Bosten Fund |
12.4
|
12.1
|
| Board Street Investing |
14.8
|
16.8
|
| Bullock Fund |
15.7
|
19.3
|
| Commonwealth Investment Company |
10.9
|
13.7
|
| Delaware Fund |
14.4
|
21.4
|
| Dividend Shares |
14.4
|
15.9
|
| Eaton and Howrad Balanced Fund |
11
|
11.9
|
| Eaton and Howrad Stock Fund |
15.2
|
19.2
|
| Equity Fund |
14.6
|
18.7
|
| Fidelity Fund |
16.4
|
23.5
|
| Financial Industrial Fund |
14.5
|
23
|
| Fundamental Investors |
16
|
21.7
|
| Group Securities. Common Stock Fund |
15.1
|
19.1
|
| Group Securities. Fully Administered Fund |
11.4
|
14.1
|
| Incorporated Investors |
14
|
25.5
|
| Investment Company of America |
17.4
|
21.8
|
| Investors Mutual |
11.3
|
12.5
|
| Lommis-Sales Mutual Fund |
10
|
10.4
|
| Massachusetts Investors Trust |
16.2
|
20.8
|
| Massachusetts Investors--Growth Stock |
18.6
|
22.7
|
| National Investos Corporation |
18.3
|
19.9
|
| National Securities--Income Series |
12.4
|
17.8
|
| New England Fund |
10.4
|
10.2
|
| Putnam Fund of Boston |
13.1
|
16
|
| Scudder, Stevens & Clark Balanced Fund |
10.7
|
13.3
|
| Selected American Shares |
14.4
|
19.4
|
| United Funds--Income Fund |
16.1
|
20.9
|
| Wellington Fund |
11.3
|
12
|
| Wisconsin Fund |
13.8
|
16.9
|
