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What does it mean to have alpha in the name of the newly established fund?
Alpha (α) is the first letter of the Greek alphabet. In the field of contemporary finance, the most common meaning of alpha is active return.

The meaning of alpha (cut) is simply excess return. Specifically, due to the corresponding risks, the actual return of the fund exceeds the corresponding expected return, which is directly related to the performance of the fund manager. Alpha Fund adopts a new active investment strategy in the current international market. This investment strategy takes obtaining the highest alpha value as the ultimate goal of fund investment and measures it dynamically.

Model and other specific implementation strategies to create excess returns and bring excess returns to investors. I. What is Alpha The alpha value mentioned here (also called Zhan Sen Index Jenson) is an indicator to measure the relative performance of a fund (that is, whether it can outperform the market) based on CAPM.

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