The Fourier filter works by taking the fast Fourier transform of the timeseries, then zeroing out the values outside of the specified frequency cutoff(s), then performing an inverse FFT.
It should mean that there is no loss in the passband and total attenuation in the stopband.
I think it also might mean the order of the filter is infinity.
I got this from reading the source code, by the way.
You might receive more helpful answers if you say more about your application, with particular attention to how exactly the application is affected by the specific characteristics of the filter. Of course those answers would have to come from someone else, I am just a source-code-reading robot with no actual grasp of what I'm talking about.
Also I could be wrong about the loss and attenuation.