In the realm of alternative investments, performance measurement is crucial for evaluating the efficacy of various investment strategies. One common method used to measure investment performance is the Sharpe Ratio, which expresses the excess return per unit of risk.

Consider an alternative investment fund that generated a return of 12% over a specific period, while the risk-free rate stood at 3%. Meanwhile, the fund's standard deviation of returns was measured to be 8%. What is the Sharpe Ratio of this fund?