Welcome to the new morningstar.co.uk! Learn more about the changes and how our new features help your investing success.


The amount by which a fund has out-performed its benchmark, taking into account the fund´s exposure to market risk (as measured by Beta). Alpha is also known as the residual return.

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites