FOF(fundofund) is a fund that invests in other securities investment funds. The difference between FoF and general funds lies in the different investment targets. There are many investment targets of funds, such as stocks, futures and gold. FOF invests in fund companies, and they will choose those fund companies with strong profitability to invest. FOF is a new type of fund that combines fund products and sales channel innovation. Because investing in FOF is equivalent to investing in multiple funds at the same time, the investment cost is greatly reduced; In addition, FOF takes the form of fund law, which is a financial instrument that can be invested for a long time, just like other funds.

Simply put, others help you match an optimized package of funds, just like when you choose clothes, others help you choose a whole package to buy. If you don't know how to choose stocks, you can buy funds; If you don't know how to buy a fund, you can buy a FOF fund.

FOF has just started in China and has become a very important fund investment type abroad. In the United States, the size of FOF funds accounts for more than 65,438+00% of public offering funds, and the assets under management exceed 654,380+0.7 trillion US dollars.