Question: A benchmark index's performance last year was 8 % with a volatility of 6 % . What fund is most likely being managed by a

A benchmark index's performance last year was 8% with a volatility of 6%. What fund is most likely being managed by a closet indexer?
Fund B: Return 7.8%; Volatility 6.4%
Fund D: Return 10.3%; Volatility 6%
Fund A: Return 8.2%; Volatility 11%
Fund C: Return 8.1%; Volatility 20%
 A benchmark index's performance last year was 8% with a volatility

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