1. Characteristics of net worth wealth management products
1. No expected rate of return. Net worth products generally have performance benchmarks, but they are not equal to actual income, and often vary greatly. Investors can only see past earnings when they buy net worth products.
("Performance benchmark" reflects the performance of the product and is a target value that the investment manager strives to achieve or surpass. )
2. Net worth wealth management products have high liquidity. Net worth wealth management products, especially open wealth management products, are highly liquid and can be redeemed daily or regularly.
3. The net value of net-worth wealth management products will fluctuate to some extent. The net value depends on the price of the underlying asset, and the rise and fall of the underlying asset price will be reflected in the rise or fall of the net value.
4. The actual income of net worth wealth management products depends on the difference of net worth when users buy and sell, and the change of net worth will determine the profit and loss of investors. (Assuming that the net product value is 1 at the time of purchase, if the net product value becomes 1.2 on the next open day, the user's income will be1.2-1= 0.2; If the net value becomes 0.9, the gain is 0.9- 1=-0. 1, which means the loss is 0. 1).
5. Net worth wealth management products have subscription and redemption fees, and frequent subscription and redemption will reduce the actual income. (There is a subscription fee when you buy it, and a redemption fee when you sell it. Frequent buying and selling is not recommended. )