In terms of interest rate, the interest rate of large deposit certificates is low; The interest rate of bank wealth management products is generally between 2.8% and 5.3%; The interest rate of fund products is relatively high. If the fund manager operates well, it is possible to double the principal in two to three years.
2. Different risks
Large deposit certificates are generally risk-free; The risk of bank wealth management products is relatively low, but there will be losses in a few cases, but the losses will not be too great; Compared with the above two products, the risk of the fund is much higher. General bond funds have the lowest risk, followed by index funds, and equity funds have the highest risk.
3. Different processes
Large certificates of deposit can be transferred, withdrawn in advance and redeemed; Bank wealth management products generally cannot be withdrawn in advance; Funds are generally affected by the market and cannot be withdrawn at any time.
Note: the analysis is for reference only, and the specific situation is subject to the actual product.
Extended data:
First, bank financing.
Bank wealth management products are capital investment and management plans developed, designed and sold by commercial banks for specific white target customers on the basis of analysis and research on potential target customers. In the investment mode of wealth management products, banks only accept the funds entrusted by customers, and the investment income and risks are borne by customers or both customers and banks in an agreed way.
The Interim Measures for the Management of Personal Financial Services of Commercial Banks promulgated by CBRC defines personal financial services as "professional service activities such as financial analysis, financial planning, investment consultancy and asset management provided by commercial banks for individual customers".
Personal financial services of commercial banks are divided into financial advisory services and comprehensive financial services according to different management and operation modes. What we generally call "bank wealth management products" actually refers to comprehensive wealth management services.
According to the standard explanation, it should be the capital investment and management plan that commercial banks develop, design and sell for specific target customers based on the analysis and research of potential target customers. In the investment mode of wealth management products, banks only accept funds entrusted by customers, and the investment income and risks are borne by customers or customers and banks in an agreed way.
Generally speaking, according to the types of expected income, we divide bank wealth management products into fixed income products and floating income products. In addition, according to the different investment methods and directions, we often hear and see new share subscription products, bank credit cooperative works, QDII products, structured products and so on.
Two. time deposit
Deposit certificates refer to large deposit certificates issued by banking deposit financial institutions for individuals, non-financial enterprises, government organizations and so on. Different from ordinary certificates of deposit, large certificates of deposit can be transferred in advance, with a term of not less than 7 days, a high investment threshold and an integer amount.
China's certificates of deposit were officially launched on June 20 15, and denominated in RMB. As a general deposit, the interest rate of certificates of deposit is higher than that of time deposits of the same term. Most of them rise by 40% on the basis of the benchmark interest rate, a few banks rise by 45%, and time deposits generally rise by about 30% at the highest.
Three. fund
Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.
From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The funds we are talking about now mainly refer to securities investment funds.
According to different standards, securities investment funds can be divided into different types:
1, which can be divided into open-end funds and closed-end funds according to whether the fund units can be increased or redeemed. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.
2. According to different organizational forms, it can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.
3. According to the difference of investment risk and income, it can be divided into growth fund, income fund and balanced fund.
4, according to the different investment objects, can be divided into stock funds, bond funds, money market funds, futures funds, etc.