Standard Deviation Range Investment Fund Risk Level O to less than 6 Low 6 to less than 11. Low to Medium 11 to less than 16. Medium 16 to less than 20. Medium to high 20 or greater. High Justin runs his own business and his income fluctuates. When he has extra money, he invests it in his segregated funds. So far, he has been lucky and has had good returns. He currently holds the following investments in his segregated  Blue-chip fund (standard deviation 3)  Growth fund (standard deviation 12)  Corporate bond fund (standard deviation 9) What is the risk level of Justin's fund?

Answer rating: 100% (QA)

To determine the risk level of Justins fund we need to calculate the weighted average standard ... View the full answer