EN PRIMEUR refers to the unlisted high-grade wine, which is first sold in the form of futures (aging 18-24 months). The wine ordered by the buyer is a new wine that has just entered the aging process and cannot be delivered immediately. It is usually kept in the wine cellar and will not be bottled from the wine cellar until it is mature and delivered to the buyer.
Wealth management products with the concept of "wine" refer to selling wine to investors in the form of wealth management products when the wine is still in the cellar period. After the wine is matured and bottled, investors can choose to directly consume the purchased wine or hold the redemption funds of wealth management products according to their own preferences.
The world's top wines can be collected and invested as future wines. The industry calls them investment-grade wines, which refer to wines based on excellent wineries, which can be stored for a long time and increase in value over time.
Futures wine originated in France, meaning "in its early days". This is a French wine trade term, which refers to wine sold as futures. In 1970s, the trading method of wine futures became popular in Bordeaux, France. At present, it is used in the world's high-quality wine producing areas, including Burgundy, Rhone Valley, Italy, California and Australia.
In mature wine markets such as Britain, America and Canada, there is a complete industrial chain, in which financial institutions and accounting institutions are indispensable. In addition to professional wine trust companies, private banks are also involved. BNP Paribas and SG Private Bank also provide similar wine services. Similar to professional institutions, the wine investment services provided by private banks are very personalized. Banks will help customers choose and buy wine according to their preferences, and keep it for them until customers want to enjoy or sell it. With the maturity of the industry, there are also funds focusing on direct investment in wine. For example, the Financial Services Authority of the United Kingdom has three wine funds with a scale of 50 million pounds.
With the rise of new wealth in the Asia-Pacific region, many emerging markets have begun to appear. The increase of wealth not only improves the demand for financial management but also improves the demand for taste, and investing in top wines just meets these two requirements. Therefore, when the current wine has become a hot spot for the rich in developed countries in Europe and America, China, the first emerging wine country, has also kicked off the current wine market.
According to the data of the top British wine trust and investment company, the annual return on investment of wine is basically maintained at the level of 8- 12%. According to the statistics of global wine industry, if you invest in 10 kinds of Bordeaux wines in France, the return rate will be 150% in the last three years, 350% in the five years and 500% in the 10 year, which greatly exceeds the appreciation rate of Dow Jones and S&P index stocks in the same period. In 2002, the price of Valendro red wine in the world-famous Bordeaux region was 122 Euro per bottle. Experts estimate that it will rise to 688 euros by 20 13, and the annual net appreciation will reach 18.9%.
At present, both COFCO Dingjun Winery and Zhang Yu have issued wine financing projects. You can check it online.