The Fade Out Effect fades out by decreasing the opacity (or alpha) of the object from completely opaque (100% alpha) until it is completely transparent (0% alpha).
The 'Fade Effect' dialog box is represented below. It can be displayed by double-clicking the Fade Effect in the Timeline, or right-clicking the Fade Effect and choosing Properties from the context Menu.
Direction
Allows you to change the Fade Out Effect to a Fade In Effect.