A Qualified Opportunity Fund (QOF) is an investment vehicle created as part of the Opportunity Zone program, which was established by the U.S. government in 2017. The qualified opportunity zone program aims to promote economic development and job creation in designated low-income communities, known as Opportunity Zones. In addition, the Qualified Opportunity Fund Investment is made into eligible businesses and properties located within these Opportunity Zones. Know how it’s going to affect your business by consulting with G&S Accountancy.