fund of funds
noun[C]
FINANCE,STOCK MARKETukuspluralfunds of funds(alsomulti-manager)atypeoffundwhichallowsinvestorsto havetheirmoneyin arangeoffinancialproductsratherthanriskeverything on asingleproduct:
Smallinvestorsoften like theideaof afundoffundsas aone-stopshopratherthaninvestingdirectlyinshares.
fundoffundsbusiness/manager/portfolio