FOF fund is the Fund of Funds, also known as the fund in the fund.

FoF(Fund of Funds) is a special fund that invests in other 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.

On the one hand, FoF binds multiple funds together, and investing in FoF is equivalent to investing in multiple funds at the same time, but the cost of investing separately is greatly reduced;

On the other hand, unlike pure sales plans such as fund supermarkets and fund bundling, FoF completely adopts the legal form of funds and operates according to the operation mode of funds; FoF contains the long-term investment strategy for the fund market, which, like other funds, is a financial instrument that can be invested for a long time.