An investment manager once tried to convince me that a fund of funds, made up of a portfolio of other funds, was likely to perform better than a fund that invests directly in securities such as shares and bonds. It was my first year of reporting for Investors’ Chronicle in 2008 and he was responding to an opinion piece I’d written criticising the expensive layering of charges in these funds of funds, for often mediocre performance.
一位投资经理曾经试图说服我，由其他基金组成的“基金的基金”(FOF)，可能比直接投资于股票和债券等证券的基金表现更好。
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