What does fund of funds mean?
Definitions for fund of funds
fund of funds
This dictionary definitions page includes all the possible meanings, example usage and translations of the word fund of funds.
Wikipedia
Fund of funds
A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A fund of funds may be "fettered", meaning that it invests only in funds managed by the same investment company, or "unfettered", meaning that it can invest in external funds run by other managers. There are different types of FOF, each investing in a different type of collective investment scheme (typically one type per FOF), for example a mutual fund FOF, a hedge fund FOF, a private-equity FOF, or an investment trust FOF. The original Fund of Funds was created by Bernie Cornfeld in 1962. It went bankrupt after being looted by Robert Vesco.
Wikidata
Fund of funds
A "fund of funds" is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A fund of funds may be 'fettered', meaning that it invests only in funds managed by the same investment company, or 'unfettered', meaning that it can invest in external funds. There are different types of 'fund of funds', each investing in a different type of collective investment scheme, for example 'mutual fund' FoF, hedge fund FoF, private equity FoF or investment trust FoF but the original Fund of Funds was created at First London Securities PLC.
Numerology
Chaldean Numerology
The numerical value of fund of funds in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of fund of funds in Pythagorean Numerology is: 4
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"fund of funds." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/fund+of+funds>.
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