Also known as a multi-manager investment, a fund of funds (FOF) is a pooled fund that invests in other funds, usually hedge funds, mutual funds, or private equity firms.

Fund-of-funds portfolios can provide exposure to exotic assets and investment strategies, but can come with prohibitive fees ...

Since 6/20/23, three of the held ETFs outperformed FDIF, with two having a large negative effect on the FDIF fund-of-funds, thus the only good reason to hold such an ETF is the investor doesn't ...