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Why are many funds of TEDA ABN Amro referred to as "Hefeng * *"?
Hefeng is the name of an umbrella fund under TEDA ABN Amro. It consists of three funds: TEDA ABN Amro Value Optimization Growth Industry Fund (Hefeng Growth), Periodic Industry Fund (Hefeng Cycle) and Stability Industry Fund (Hefeng Stability). The three funds operate independently and conduct independent accounting.
All three funds can be converted for free.
Hefeng, that is, nesting, refers to an umbrella-shaped structure, and Fengfeng means a bumper harvest, which means a bumper harvest.
Therefore, Hefeng is the name of an umbrella fund under TEDA ABN amro.
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