title: Alpha manager
text: # Alpha manager
  
  Alpha Manager is a quantitative rating system designed by Trustnet.com to rate fund managers of unit trusts and OEICs.
  
  The first ratings were launched in March 2009 and are re-evaluated every January to account for any changes in performance that may have occurred throughout the year.
  
  The rating is based on three components:
  
  * Risk-adjusted alpha
  * Outperformance of a benchmark
  * Consistency of outperformance or underperformance in rising and falling markets
  
  Only 10% of registered fund managers are awarded this rating and must show consistent outperformance of their peer groups for at least 30 months.
  
  