The difference between fof and fund, the financial planner pointed out: In addition to the high threshold of purchase amount, fof has another shortcoming: the opening period is not every day, but according to different brokers, some are open for one week in a quarter, some are open for one day in a week, and other times cannot be bought or sold. Funds are different. Generally speaking, as long as it is not a closed-end new fund, it can be traded every day.
FoFs is different from other funds in handling fees.
Compared with funds, the difference of fof in handling fees is that as the investment product of fof is a fund, as long as the fund has handling fees, it cannot be avoided, so the rate just mentioned is actually a second charge based on the fund handling fees. Simply put, investing in fof costs twice as much.
Although compared with funds, FoFs does not have much advantage, but for novice investors and investors who have no time to manage their portfolios, FoFs is the first choice. The biggest difference between fof and open-end fund is that the fund in the fund takes the fund as the investment target, while the fund takes stocks, bonds and other securities as the investment target. It screens funds through professional institutions to help investors optimize the investment effect of funds.