Different issuing institutions carry different risks. Open-end and closed-end financial products are issued by fund companies, while net-value financial products are issued by banks.

1. The biggest advantage of open financial products is that they have relatively good liquidity and can be redeemed in advance, which is more convenient for temporary capital needs.

2. Closed financial management products adhere to the high-yield principle of financial management products. Generally speaking, closed financial management products have relatively high returns and poor liquidity, and they cannot be redeemed or redeemed in advance. There are restrictions on early redemption and so on.

3. Net value financial products are financial products issued by banks. Similar to funds, they are floating principal and interest financial products with no investment period and expected returns. Net value financial products have strong liquidity. Users can conduct net value inquiries, subscriptions and redemptions during the opening period. The bank will open them on a fixed date according to the agreement.

Extended information:

Financial management refers to the management of finances (property and debts) with the purpose of maintaining and increasing financial value. Financial management is divided into company financial management, institutional financial management, personal financial management and family financial management. Human survival, life and other activities are inseparable from material foundation and are closely related to financial management.

"Financial management" is often used together with "investment and financial management", because "financial management" has "investment" and "investment" has "financial management". The so-called financial management is not just about investing your finances. Being invested is also a kind of financial management. If you don't know how to be invested, you won't know how to invest better.

Reference: Baidu Encyclopedia-Financial Management