1. What should I do if I lose my bank wealth management products?
Bank wealth management products are different from bank deposits, which are guaranteed by deposit insurance, while bank wealth management products are not. Generally speaking, bank deposits below 500,000 yuan are guaranteed capital and interest, while bank wealth management products are not guaranteed capital and interest.
According to different risks, bank wealth management products can be divided into different types, including prudent wealth management products, steady wealth management products, balanced wealth management products, aggressive wealth management products and radical wealth management products. The risk level increases in turn. The higher the risk level, the greater the possibility of loss, and of course the higher the expected return.
After the loss of wealth management products occurs, as long as the bank does not violate the rules, the bank will basically not compensate, and the responsibility for the loss needs to be borne by the investors themselves. Before purchasing the corresponding wealth management products, banks will inform the risks of wealth management products.
Bank wealth management products are generally divided into closed wealth management products and open wealth management products according to whether they can be redeemed in advance. Open-end wealth management products can be redeemed at any time, while closed-end wealth management products cannot be redeemed in advance, but only after maturity.
For open-end wealth management products, if the wealth management products lose money, then you can choose to continue holding them, redeem them in advance, or make up positions during the decline. If investors are optimistic about the prospects of the wealth management products they have purchased, and the intensity of withdrawal is not beyond their tolerance, then they can choose to continue holding them until the wealth management products rebound.
However, if the decline of wealth management products purchased by investors has exceeded their tolerable range and they are not optimistic about the prospects of wealth management products, then investors can choose to redeem the stop loss in advance to prevent the loss from expanding.
In addition, if investors have strong risk tolerance and confidence in their wealth management products, they can cover their positions in batches during the decline of wealth management products and gradually reduce investment costs.
For closed-end wealth management products, if the wealth management products lose money, then we have no way to operate. Because in the closed period, you can't redeem or cover the position in advance, but you can only redeem the wealth management products after they expire.
2. What should I do after the bank wealth management products expire?
What should I do after the bank wealth management products expire? There are different operating methods according to different types of bank wealth management products. If it is a fixed-term wealth management product, it will be redeemed automatically after several trading days, and the principal and income will be automatically received.
If it is a wealth management product that is voluntarily redeemed, investors need to go to the bank to redeem it after the expiration. Some wealth management products may be automatically renewed if they are not redeemed after the expiration. Open wealth management products can be redeemed at any time, while closed wealth management products cannot be redeemed at any time.