Asset Comparison and Correlation

Assuming 30 trading days horizon, S&P 500 is expected to generate about the same return on investment as Mainstay International Opportunities I.But, S&P 500 is 1.26 times less risky than Mainstay. It trades about 0.56 of its potential returns per unit of risk. Mainstay International Opportunities I is currently generating about 0.44 per unit of risk. If you would invest  787  in Mainstay International Opportunities I on April 22, 2013 and sell it today you would earn a total of  37.00  from holding Mainstay International Opportunities I or generate 4.7% return on investment over 30 days.