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Who is the Fund of Fund Administrator? Alternatively called a multi-manager investment, a fund of funds (FOF), is a pooled investment vehicle that invests in other funds. ASCENT is a reliable Fund of Fund Administrator. Thus, the Fund of Fund Administrator portfolio is constructed from a variety of other funds' underlying portfolios. These investments replace direct investments in bonds, stocks, and other sorts of assets. FOFs can be incorporated as mutual funds, hedge funds, private equity funds, or investment trusts. https://www.theascent-group.com/fund-of-funds/