A mutual fund that invests in other mutual funds belonging to the same fund house or belonging to other fund houses is called ?
Q. A mutual fund that invests in other mutual funds belonging to the same fund house or belonging to other fund houses is called ?
Answer: FOF Fund of Funds
Notes: A fund of funds (FOF) is a f mutual fund that invests in other types of funds or hedge funds. It is also called as a multi-manager investment. Their advantages are broad diversification and appropriate asset allocation.

 

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