First, the difference between trust tof and fof
The English full name of TOF is Trust of Funds, which means trust in funds, and refers to a trust product that invests in trust products or fund products, while FOF refers to Fund of Funds, which means funds that invest in other funds. FOF, including TOF, can use a single product for portfolio investment, and its asset allocation is very flexible, which is more suitable for investors with low risk tolerance.
The difference between trust and fund
1, the risk degree of some funds is higher than that of trusts;
2. The scope of trust investment is wider than that of fund investment. In addition to investing in stocks and bonds, it will also involve industrial investment. The investment scope of the fund is mainly financial products such as stocks and bonds;
3. The issuance and financing of the trust plan does not need the approval of the CSRC, but it is supervised by the CBRC in operation, but the fund issuance must be reported to the CSRC for approval;
4. The liquidity of the trust is worse than that of the fund, and the open-end fund can be redeemed at any time.
2. What does the 2.fof fund mean?
FOF fund refers to a combined fund.
The Fund of funds (FOF), also known as the fund in the fund and the parent fund, is a special fund, which invests in other funds instead of directly investing in stocks, bonds and other securities. According to different investment funds, FOF can be divided into various types, including mutual fund FOF, hedge fund FOF and private equity fund FOF.
3. Can I buy a fund in Alipay?
Yes, FOF funds are OTC funds and can be purchased on third-party sales platforms. Investors can search for "FOF" in the Alipay fund section to find the FOF fund.
FOF mainly invests in funds, which is a kind of funds. FOF funds invest in funds, not directly in stocks or bonds. FOF fund has relatively low risk and stable income, which is suitable for investors with low risk tolerance.