To determine the value of Jensen's alpha for the equity fund over the same time period, consider the following information: Jensen's alpha measures the performance of an investment relative to the expected return based on the Capital Asset Pricing Model (CAPM). It is calculated as follows:

$\alpha = R_i - [R_f + \beta_i (R_m - R_f)]$

where:

• $R_i$: Actual return of the portfolio
• $R_f$: Risk-free rate
• $\beta_i$: Beta of the portfolio
• $R_m$: Market return

Using the given data, calculate and identify the Jensen's alpha for the equity fund during the specified time frame.