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InterviewSolution
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Do You Know What Are Fund Of Funds (fofs)? |
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Answer» FoFs invests in other funds. The FOF selects funds that meets its investment objectives and invests in them. Its portfolio is not made up of securities, but is a portfolio of other funds. Most FoFs INVEST in schemes of the same mutual FUND. Some FoFs consider schemes ACROSS fund houses which meets the FoFs investment OBJECTIVE for inclusion in the portfolio. FoFs invests in other funds. The FoF selects funds that meets its investment objectives and invests in them. Its portfolio is not made up of securities, but is a portfolio of other funds. Most FoFs invest in schemes of the same mutual fund. Some FoFs consider schemes across fund houses which meets the FoFs investment objective for inclusion in the portfolio. |
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