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Fund of Funds

A pooled vehicle that invests mainly in other funds rather than directly in operating-company securities, often to broaden manager or asset exposure.

What traders should verify

For Fund of Funds, inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.

Do not conflate

The label Fund of Funds does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.

Primary source

SEC definition

Source boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.

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