You inherit $$600,000$ and decide to invest it in a managed fund. Use the information in the table below to estimate two risk adjusted performance measures for the ASX$200,$ Hello Fund and Goodbye Fund. Show how you calculated your answer and explain in your own words whether you would invest the $$600,000$ in Hello Fund or Goodbye Fund.

Fund Return Beta Alpha Standard Deviation Residual Standard Deviation

ASX$20010\%104\%0$

Hello $8\%1\mathrm{.}21\mathrm{.}52\%7\%$

Goodbye $12\%0\mathrm{.}81\mathrm{.}46\%3\%$

Treasury Bonds $5\%0000$