Consider the following historic information on the market, the risk-free rate (T-Bills) the two mutual funds, Templeton and Fidelity.
Templeton Fidelity Market T-Bills
Average Return 12,51% 6.77% 10.14% 2.40%
Beta 1.50 0.70 1 0
Assume that you invested in a two asset portfolio comprising the market portfolio and T-Bills over the same period covered in the table. Your portfolio beta was exactly the same as Fidelity. What is the portfolio weight on the market in your portfolio?