SharingAlpha, a user generated fund ratings and model portfolios platform, has recently launched an additional feature which enables Investment Advisors to run their own virtual Fund of Funds.

SharingAlpha rates funds based on the average rating provided by Fund Selectors worldwide. Apart from being able to create a better fund rating, SharingAlpha is also able to rank the individual raters in terms of their talent in selecting funds. Their fund selection track record enables the raters to test their analysis, and if they choose, the raters are able to present their proven track record to existing and potential clients.

Based on the above, SharingAlpha will be able to publish a list of both top rated funds and top ranked FundSelectors .

An additional feature which was recently added enables Investment Advisors to build virtual Fund of Funds and in turn SharingAlpha ranks them based on their performance not only as Fund Selectors but also as AssetAllocators.

The use of the website is totally free and covers over 96,000 funds listed in 73 different countries.

“Our vision is to offer the investment community a better way to select winning funds and at the same time to offer Fund Selectors and Investment Advisors the option of building their own proven long term track record. It’s about time that funds are rated on the basis of parameters that have been proven to work and Fund Selectors and Investment Advisors will be judged according to their ability to add value to investors” – said Oren Kaplan, CEO and Co-Founder, SharingAlpha.