An investor is assessing the market risk associated with the Andromeda Fund. The fund is projected to deliver an annual return of 6.8% with a volatility (standard deviation) of 7.0%. To contextualize this evaluation, the investor compares it to the S&P 500 Index, which has an expected annual return of 7.2% and a volatility of 8.2%. Utilizing the Capital Asset Pricing Model (CAPM) to determine the systematic risk (beta) of the Andromeda Fund, and given a risk-free rate of 2.2% per annum, what would be the beta value for the Andromeda Fund?