What does FOF fund mean?
Fund fof is a kind of fund. Fof funds invest in other funds, not directly in stocks or bonds. This is an innovative fund variety. Fof funds can be divided into * * * mutual fund fof, hedge fund fof and private equity fund fof according to different investment funds.
Fof fund invests in a basket of funds, which has less risk and relatively stable income, and is suitable for investors with low risk tolerance.
What's the difference between FOF fund and general fund?
1, income: FOF fund needs to allocate a certain monetary fund or debt base, which is lower than other stock bases.
2. Handling fee: The handling fee of FOF fund is different from other funds. The investment products are funds, so there will be double charges after deducting the handling fee for purchasing FOF funds.
3. Investment target: general funds generally invest in debt-based and stock-based stocks, hybrid funds invest in bonds and stocks according to a certain proportion, and FOF investment funds.
4. Investment risk: The investment risk of FOF is less than that of equity funds and hybrid funds.