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.
一位投資經理曾經試圖說服我，由其他基金組成的「基金的基金」(FOF)，可能比直接投資於股票和債券等證券的基金表現更好。
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