: 1. How long is the product valid?
"T" refers to the maturity date of the product, but after the product expires, it does not mean that the investor's principal and income can be received on the same day, but it enters the repayment and liquidation period, that is, "N", during which the investment funds have no interest.
If the wealth management products on consignment are overseas, the liquidation cycle will be longer, which will take at least 7-9 working days.
Two: What is a wealth management product?
Financial products are products designed and issued by commercial banks and formal financial institutions themselves. The raised funds are put into the relevant financial markets according to the product contracts, and the relevant financial products are purchased, and the investment income is distributed to investors according to the contract.
Bank RMB financial products can be roughly divided into bond type, trust type and QDII type.
(1). Folding adhesive type
Investing in the money market, the investment products are generally central bank bills and short-term corporate financing bills. Since individuals cannot directly invest in central bank bills and short-term corporate financing bills, such RMB wealth management products actually provide customers with opportunities to share the investment income in the money market.
(2) Folding trust types
Invest in trust products guaranteed or repurchased by commercial or other high-credit financial institutions, and also invest in beneficiary trust products of excellent credit assets of commercial banks.
(3). Folding QDII type
QDII, that is, qualified domestic investment institutions provide overseas financial services on behalf of customers, refers to commercial banks that have obtained overseas financial services on behalf of customers.
QDII RMB wealth management products, in short, are wealth management products that customers entrust their RMB funds to qualified commercial banks, and qualified commercial banks convert RMB funds into US dollars, directly invest overseas, and after the maturity, exchange the US dollar income and principal into RMB for distribution to customers.
(4) Folding electronic spotlight
Three: Folding investment channels
Wealth management products can generally be purchased through commercial banks or non-bank financial institutions.
Traditional channels include banks, insurance companies, securities companies, futures companies and fund companies.
Emerging channels include: third-party financial institutions and integrated financial service institutions.