The fund of funds targets are the allocation percentages used to calculate each fund of funds allocation method. You can specify the fund of funds targets for each underlying security held by a top-level fund. You can select which underlying securities to include in the fund of funds cash allocation process. You also enter a target percentage for each security as well as an asset class type for each security. The total of the target percentages for the selected underlying securities, each entered as a decimal, must be equal to 1.0. If you create fund of funds targets for an entity that uses the User Defined allocation method, you can define a target percentage for a positive cash flow and another for a negative cash flow.
You can create, edit, and delete fund of funds targets. You can also view the current fund of funds targets and their associated history.
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