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1. Closed-end net worth products refer to products with fixed term and regular disclosure of net worth, and investors can only redeem them when the products expire; Open-ended wealth management products refer to products that are regularly opened during the duration, and investors can purchase or redeem them during the opening period. Net-worth wealth management products are basically similar to previous wealth management products in terms of investment and operation mode. The difference is that net-worth wealth management products have no yield. When the product expires, it is necessary to calculate the product yield according to the actual market investment quotation of the product. If it is open, it is estimated according to the market quotation of opening hours.
2. The net-worth wealth management products are non-guaranteed floating-income wealth management products, and there is no expected income, and banks do not promise fixed income. The income of investors is related to the net value of the products. Net worth products can reflect the value of assets more accurately and truly, and investors can enjoy gains or bear losses according to the actual operation of the products. There are many things that net worth wealth management products invest in, including almost all types of assets, mainly standardized assets, such as cash, bonds, commodities, stocks, option futures and other investment targets. With the development of the market and the change of policies, the range of products that can be invested will be expanded more and more.
3. Net worth products are calculated according to the principle of "amount subscription and share redemption": formula: subscription number = subscription amount/redemption amount of unit net worth announced on the corresponding confirmation date = redemption number x unit net worth announced on the corresponding confirmation date. Historically, just exchange is a product of China's special development period. If it is not broken, the risks will be passed on to banks or other financial institutions, and systematic risks will probably break out. Breaking just exchange is essentially. From a realistic point of view, some financial institutions have been unable to bear the just exchange.