The accumulation fund is a brand-new gold investment product "ICBC Gold Expert Accumulation Fund" (hereinafter referred to as "Accumulation Fund") jointly launched by Industrial and Commercial Bank of China and the World Gold Council. It is the first low-risk gold investment product with "daily average price flexible savings" in China, mainly for individual investors.
Cumulative fund is a brand-new upgraded product of ICBC Ruyi Fund. After the investor opens a deposit account and signs a deposit agreement, the monthly deduction amount is agreed, and ICBC will automatically distribute the customer's funds on a daily basis and purchase the corresponding amount of gold according to the daily gold price. Because the amount of each investment is fixed and the actual number of grams of gold purchased changes with the fluctuation of gold price, long-term fixed investment in gold can spread the investment cost evenly and reduce the price risk of gold price fluctuation. After accumulating a certain amount of gold, investors can choose to redeem it to get cash, or they can go to ICBC's gold outlets to exchange ICBC's rich precious metal products.
What are the characteristics of savings?
The biggest feature of "accumulating funds" is flexible investment and low threshold. After signing a "deposit" agreement with ICBC, investors can make regular deposits or take the initiative to make deposits. After gold has accumulated to a certain amount, you can choose to buy and exchange cash, or you can withdraw and exchange physical gold at various gold sales outlets of ICBC. The starting point of this product is only 200 yuan, and the starting point of accumulation per gram is 1 gram. It is managed and invested by bank professionals, which is very suitable for individual investors who need to accumulate wealth in the future.
What's the difference between gold deposit and fixed investment?
Compared with the fixed investment in gold, there is little difference in essence, and all of them are gold deposits and withdrawals. Start-up funds are different. The minimum deposit is 200 yuan, and the minimum investment in gold is 100 yuan. The quotation method is different. The accumulated gold price is quoted as "accumulated gold", and the fixed investment price of gold is quoted as Shanghai Gold Exchange AU9999. The handling fee is different. ICBC charges customers "accumulation fee" and "redemption fee". The accumulative rate is 0.5%, the redemption rate is not higher than 1.5%, and the fixed investment of gold is per gram 1 yuan. Different treatment methods. Deposits can only be handled with ICBC cards, and bank cards supported by fixed investment gold are more extensive, and those marked with UnionPay can be used.