Which is more risky, bank financing or pure debt fund?
Pure debt funds are more risky. At present, most of the wealth management products of banks are based on fixed income, and the investment ratio of such wealth management to fixed income assets is not less than 80%; Bond funds include index bond funds, pure debt funds, mixed primary debt bases and mixed secondary debt funds. As far as pure debt funds with the lowest risk level are concerned, more than 95% of the general investment is bond assets, and the investment direction is bonds that are about to expire in the short term. Therefore, from the perspective of product allocation, the general banks allocate more cash assets in wealth management, the investment direction is more conservative, and the overall risk level is lower and more stable.
Which is better, bank financing or bond fund?
1 From the perspective of risk, through the above analysis, we can know that the risk of fixed-income bank wealth management products is lower than that of ordinary pure debt funds, and the income is more stable.
2 From the point of view of flexibility, the holding period of bank wealth management products is fixed, so it is generally impossible to redeem them at will, and there is no need to pay handling fees after redemption; Pure debt funds can be redeemed flexibly with high flexibility, but short-term redemption may require handling fees.
3 From the perspective of yield, the target of fixed-income bank wealth management products is mostly cash assets, while the proportion of bond funds investing in creditor's rights assets will be higher, so in the case of long-term holding, the yield of bond funds will generally be slightly higher than that of bank wealth management products, but the short-term fluctuation is greater.
Generally speaking, the yield of short-term pure debt funds is slightly higher than that of fixed-income wealth management products of banks, but it fluctuates greatly in the short term. Therefore, investors need to choose a more suitable investment and financial management method according to their actual needs. For beginners who are new to investment and financial management, and investors who have a clear plan for the use of funds, it is more appropriate to buy bank financial products. On the one hand, the risk is small and the income is stable. On the other hand, redemption at maturity is more suitable for planned and periodic asset allocation. For investors who have the concept of long-term investment and financial management, they can consider buying bond funds, which can bear certain risks and maintain a long-term holding state, and then redeem them after reaching their target rate of return.
To sum up, both bank financing and bond funds have certain risks, which does not mean that their returns are fixed, but more stable than the stock market. Therefore, investors must choose the appropriate investment method according to their risk tolerance.