What does the parent fund mean?

Parent fund generally refers to the fund in the fund. The biggest difference between the fund in the fund (FOF) and the open-end fund is that the fund in the fund takes the fund as the investment target, while the open-end fund takes stocks, bonds and other securities as the investment target. It screens funds through professional institutions to help investors optimize the investment effect of funds.

Response time: September 30, 2020. Please refer to the latest business changes announced by Ping An Bank in official website.

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