Is fof fund a public offering or a private offering?
FOF funds include Public Offering of Fund and private equity funds. FOF fund is a typical portfolio fund, which does not directly participate in investing in stocks, but specializes in investing in other securities investment funds. Public offering FOF is a special product of private equity fund, which is mainly composed of stocks and bonds. Private offering FOF fund is non-public offering, and it is aimed at specific targets (qualified investors).
What's the difference between private equity funds and Public Offering of Fund?
1, different fundraising targets.
Public offering funds are targeted at the public, that is, unspecified investors. The target of private equity fund is a few specific investors, including institutions and individuals.
2. Different financing methods.
Public Offering of Fund raises funds through public offering, while private equity funds raise funds through non-public offering, which is the main difference between private equity funds and Public Offering of Fund.
3. Fund information disclosure requirements are different.
Public Offering of Fund has very strict requirements on information disclosure, such as its investment objectives and portfolio. Private equity funds have low requirements for information disclosure and strong confidentiality.
4, gold investment restrictions are different.
Public Offering of Fund has strict restrictions on investment types, investment proportion and matching between investment and fund types, while the investment restrictions of private equity funds are completely stipulated in the agreement.
5. Different performance awards
Public Offering of Fund does not extract performance compensation, but only collects management fees. Private equity funds, on the other hand, charge performance compensation and generally do not charge management fees. For Public Offering of Fund, performance is only the honor when ranking, while for private equity funds, performance is the basis of remuneration.