1, the parent fund generally refers to the fund in the fund (FOF), which is a fund that specializes in investing in other investment funds. The parent fund does not directly invest in stocks or bonds, and its investment scope is limited to other funds. Indirectly holding securities assets such as stocks and bonds by holding other securities investment funds. It is a new type of fund that combines fund product innovation and sales channel innovation.

2. On the one hand, the parent fund binds multiple funds together. Investing in the parent fund is equivalent to investing in multiple funds at the same time, but the cost of individual investment is greatly reduced;

3. On the other hand, unlike pure sales plans such as fund supermarkets and fund bundling, the parent fund completely adopts the legal form of the fund and operates according to the operation mode of the fund; The parent fund contains the long-term investment strategy of the fund market. Like other funds, it is a financial instrument that can be invested for a long time.