Net worth wealth management products are wealth management products that have no expected income and are linked to different markets. Its yield is related to the net value of the product. When the net value rises, investors gain. On the other hand, losses, that is, net worth wealth management products do not break the cost, and the risks are relatively large, and they bear the risks themselves. This is why some investors do not buy net worth wealth management products.
For example, the bank issued a net worth wealth management product with a term of 6 months and an initial net worth of 1. After 6 months, according to the investment results, after deducting the management fee of the bank, the net value of the product becomes 1.5, and the investor gains 50%. If the net product value becomes 0.8, investors will lose 20%. However, this does not mean that all investors in the market do not buy net worth wealth management products. In a better market situation, some more radical investors can buy some net worth wealth management products in moderation.
1. Definition: Wealth management products are products designed and issued by commercial banks and formal financial institutions. After the raised funds are put into the relevant financial market according to the product contract and the relevant financial products are purchased, they are distributed to investors according to the contract. The China Banking Regulatory Commission issued the Interim Measures for the Management of the Sales of Wealth Management Products of Wealth Management Companies, which strengthened the management of the sales process of wealth management products, clarified a number of prohibited acts in the sales process of wealth management products, and effectively protected the legitimate rights and interests of investors. These Measures shall come into force on June 27th, 20021year.
Two. Classification: RMB wealth management products of banks can be roughly divided into bond type, trust type, linked type and QDII type.
1, bond type, invested in the money market, and the investment products are generally central bank bills and short-term corporate financing bills. Since individuals cannot directly invest in central bank bills and short-term corporate financing bills, such RMB wealth management products actually provide customers with opportunities to share the investment income in the money market.
2. Trust types: trust products that are guaranteed or repurchased by commercial banks or other financial institutions with high credit ratings, and products that are invested in the trust of beneficial rights of excellent credit assets of commercial banks.
3. Linked type, the final yield of products is linked to the performance of relevant markets or products, such as linked to exchange rate, linked to interest rate, linked to international gold price, linked to international crude oil price, linked to Dow Jones index, linked to Hong Kong stocks, etc.
4.QDII, the so-called QDII, that is, qualified domestic investment institutions manage overseas wealth on behalf of customers, refers to commercial banks that have obtained the qualification to manage overseas wealth on behalf of customers. QDII RMB wealth management products, in short, are wealth management products that customers entrust their RMB funds to qualified commercial banks, and qualified commercial banks convert RMB funds into US dollars, directly invest overseas, and after the maturity, exchange the US dollar income and principal into RMB for distribution to customers.
3. Purchase channel: Generally, wealth management products can be purchased through commercial banks or non-bank financial institutions. Traditional channels include banks, insurance companies, securities companies, futures companies and fund companies. Emerging channels include: third-party financial institutions and integrated financial service institutions.