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What's the difference between MOM and FOF?

fof (fund of fund) is a special fund that invests in other securities investment funds. FOF does not directly invest in stocks or bonds, and its investment scope is limited to other funds. By holding other securities investment funds, it indirectly holds securities assets such as stocks and bonds. It is a new fund variety that combines fund product innovation and sales channel innovation.

MOM (manager of managers) means that the fund manager of the fund does not directly manage the fund investment, but entrusts the fund assets to other fund managers for management, and directly grants them investment decision-making authority. The fund manager of mom itself is only responsible for selecting, tracking and supervising the performance of the entrusted fund managers and replacing them when necessary.

Different investment targets: FOF's investment scope is limited to other funds, and it is a fund of funds; MOM's investment scope is fund managers.

The management fee is different: FOF invests in fund products in the existing market, which is generally a double fee; MOM mode is still a single charge, with low relative rate and good liquidity.

Different investment strategies: FOF puts asset allocation in an important position; MOM delegates more power to the employed fund managers and puts the fund manager configuration in a prominent position.

These five classes will enable you to learn the fund's fixed investment as soon as possible. Pay attention to: financial secret notes, and reply to the fund for free.