Ritter Alpha provides investment advisory services as a sub-adviser to a sleeve of a privately offered pooled investment fund. Ritter Alpha manages the fund's assets on a fully discretionary basis, using quantitative strategies developed by the firm's principals. The firm's computer models use publicly available financial data to identify and implement trading decisions, aiming to correct relative mispricings among closely-related groups of securities. Ritter Alpha does not tailor its investment advice to individual fund investors.
Fee Structure
Ritter Alpha does not receive a management fee directly from the fund investors. Instead, the fund compensates Ritter Alpha by paying certain expenses incurred in managing the account and, while the fund is Ritter Alpha’s sole client, certain operating expenses of Ritter Alpha. In addition to these expenses, Ritter Alpha is entitled to performance-based compensation if the account generates net capital appreciation for investors.