What kind of fund does fof fund belong to?
According to different investment targets, fof funds also have different types. Details are as follows:
1. Monetary fof Fund: More than 80% of the fund assets are invested in monetary funds, which is the least risky type of fof funds.
2. Bond fof Fund: More than 80% of the fund assets are invested in bond funds.
3. Stock fof Fund: More than 80% of the fund assets are invested in stock funds.
4. Hybrid fof funds: FOF funds that invest in stock funds, money funds, bond funds and other funds, but the investment ratio of fund assets does not meet the above requirements.
5. Other types of fof funds: More than 80% of the fund assets are invested in other types of funds such as commodity futures funds.
What is a fof fund?
Fof is the abbreviation of "fundofunds" in English, and "fundofunds" means fund in fund (also called "parent fund"). The fund in the fund is a fund that first invests in other securities investment funds and then indirectly invests in securities assets such as stocks and bonds through other securities investment funds.
Fof fund is a fund with securities investment fund as its investment target. Securities investment funds are funds that invest in stocks and bonds. Before the fof fund is invested, the fund manager will screen the funds in the market through professional evaluation institutions to find out the funds with the greatest investment income before investing. Fof funds have the same characteristics as national debt, that is, the investment risk is relatively small, but the return on investment is relatively low.