SML and CML individual, security, standard, between, include

IAmNeil

Schweser says: (Pg 174, Differences between SML and CML)

When market is in equilibrium, the individual security's risk and return combination lies along the SML but lies below the CML.

Reason being given: the individual security's standard deviations include unsystematic risk that is diversified away in the market portfolio

Can someone tell me how does this reason back the notion that the point will lie below the CML?