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What kind of fund does fof fund belong to?

Recently, I saw many netizens asking, what does the fof fund mean? What kind of fund does it refer to? Today, this paper focuses on "fof Fund", which is introduced in detail as follows.

what kind of fund does p>fof fund belong to?

according to the definition of China securities regulatory commission, fof refers to a fund that invests more than 8% of its fund assets in publicly offered fund shares approved or registered by China securities regulatory commission according to law. Simply put, fof is a kind of fund that specializes in investing in other funds, that is, funds in funds. Generally speaking, investors buy ordinary funds, and the funds raised are used to invest in financial products such as currencies, bonds, stocks, commodities, etc., while investors buy fof funds, and the funds raised are used to invest in funds.

when investors buy fund products, they usually have to pay custody fees, custody fees and other fees, and fof is no exception, and because fof is a fund investment fund, the rate has become double, which we should be clear about.

how to select fof funds?

1. Investigate whether the historical performance of fund managers has accumulated deeply in the market and investment direction, and whether they have the ability to surpass the market for a long time.

2. Evaluate whether the overall research strength, marketing strength and technical strength of the fund company can support the fund manager.

3. Observing the direction of market development, the development of funds cannot be separated from the impact of macroeconomic environment.

the above are some contents of fof fund, and I hope I can help you.