A risk-adjusted rate of return for a mutual fund uses the fund's beta weight.

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A risk-adjusted rate of return for a mutual fund can take into account the fund's systematic risk, as measured by its beta weight, in order to determine the excess return the fund generates above its expected return given its level of risk. This can provide a more accurate measure of the fund's performance compared to other funds or benchmarks.

A Risk-Adjusted Rate of Return for a Mutual Fund Uses