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What is fof fund? What fund does it belong to?

FOF fund is Fund of Funds, also known as fund of funds.

FoF (Fund of Funds) is a fund that specializes in investing in other investment funds. FoF does not directly invest in stocks or bonds. Its investment scope is limited to other funds. It indirectly holds securities assets such as stocks and bonds by holding other securities investment funds. It is a new fund type that combines fund product innovation and sales channel innovation.

On the one hand, FoF bundles multiple funds together. Investing in FoF is equivalent to investing in multiple funds at the same time, but the cost is much lower than investing separately;

On the other hand, with The difference between fund supermarkets and pure sales plans such as fund bundle sales is that FoF completely adopts the legal form of a fund and operates in accordance with the fund's operating model; FoF includes a long-term investment strategy for the fund market, and like other funds, it is a viable Financial instrument for long-term investment.