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Funds-of-Funds (FOFs) have intuitive appeal. Researching hundreds of CEFs and thousands of ETFs is not an easy task, so why not let investment professionals handle the work?
In this article we take a look at the RiverNorth Opportunities Fund (RIV). As we did in our OPP article, the question we explore in this article is how investors can analyse and find value in funds-of-funds. Ultimately, the question we want to answer: Does the fund outperform sufficiently to pay for its additional layer of fees?