From Morningstar: 2024-05-28 06:44:00

Alpha is a term to determine if a fund outperforms its benchmark, considering market risk. Morningstar calculates alpha by looking at a fund’s return over the risk-free rate. Five UK funds with high alpha include Jupiter India Fund (24.27%), WS Morant Wright Nippon Yield Fund (17.73%), WS Morant Wright Japan Fund (17.04%), Ninety One UK Special Situations Fund (16.37%), and Artemis SmartGARP European Equity Fund (12.72%).



Read more at Morningstar: Five UK Funds with High Alpha