Funds of funds reconfigured product concern
The so-called FOF (Fund of Funds, as “funds of funds”), as the name suggests, is a specialized investment and other securities in the Fund’s financial plan. At present, domestic brokerages were issued five FOF products, in addition to securities investment funds-the first half of the year results were below the average open-end fund proceeds, the remaining four were higher than the average open-end fund receipts.
Among them, China and Thailand Zijin 2 in June fell by 14.69% large, open-end fund net average growth of 0.12%, was still a 4.4% growth.
FOF products major investment funds and merit closed-end funds. Merchants Securities Hangzhou Huye South turnover Shen Yu said, FOF does not directly invest in stocks, but to invest in the fund is to invest in the stock options outstanding merit fund, so the relative risk than investing directly in small funds.
Public-fund with different broker’s reconfigured financial plan generally proceeds compensation arrangements, such as the enhanced-fund optimization plan, will be used to collect management fees to compensate investors for the earnings pool plan expires, to meet the terms of compensation during the share of the yield (of 2003) is below 8 .86%, the share of managers in charge of all management fees to the holders of compensation until the share of the yield period (of 2003) was 8.86% management fee or compensation is completed.
Tags：financial plan Global fund