Broadly speaking, Alipay fund is a kind of Alipay financial management, and the scope of financial management is very large. Such as funds, stocks, futures, gold and so on. Both belong to financial management, but specifically, Alipay funds and financial management will still have certain differences.
The investment scope of financial management is very wide, which is mainly determined by the nature of the product itself. From low-risk fixed-income products to medium-high-risk stock option futures, risks are directly proportional to returns, but the investment scope of the fund determines risks and returns according to the investment target, so the investment scope of the two will be different.
If we compare Alipay wealth management products with funds, their pricing methods will be different. The fund looks at the net value of the fund, which is calculated once a day and updated every day, but the wealth management products are different according to the different investment methods.
Take Alipay wealth management products as an example: Generally, Alipay wealth management products will have an expected rate of return, generally there will be a closed period, and the liquidity is not very good. They will pay interest at maturity or regularly, and the expected income level will fluctuate according to the expected rate of return. Some wealth management products belong to bond funds, but they also belong to a fund.
Funds belong to flexible subscription and redemption, generally belonging to T+ 1 or T+3, etc. And the redemption time is relatively fast, and wealth management products are not as flexible as funds if they have a closed period.
I hope the above contents can help everyone.