1. After investors buy wealth management products with their own funds, the funds invested by individuals will be directly converted into the share of wealth management products. The holding share of wealth management products is determined according to the principal invested by investors and the unit net value of wealth management products. Generally speaking, the principal divided by the unit net value of wealth management products will be converted into the holding share of wealth management products. In this way, there will be a problem that the share of wealth management products is not equal to the investor's principal. In addition, when redeeming wealth management products, they will be redeemed according to the holding share of wealth management products. The redemption fund of wealth management products is calculated after calculating the net value of wealth management products on the closing day of the trading day. Therefore, when redeeming wealth management products, the amount actually received will be different from the share applied for redemption. There is an essential difference between holding shares and principal. When the unit net value of general wealth management products is higher than 1, the product share will be less than the principal. When the principal is 3,000 yuan and the unit net value of the product is 2, the holding share is 3,000/2 =1.500.
2. What is the problem of holding less shares than the principal? The net product value is higher than 1. Take the fund as an example. The initial unit net value of an open-end fund is generally 1, and the unit net value of the fund will be updated every trading day after the fund is listed. For fund products with relatively stable expected rate of return, the net value ratio of fund shares may increase, so the net value of investors' shares when purchasing fund products may be higher than 1. The share held by the Fund is calculated according to the net fund value, and the subscription share = [subscription amount /( 1+ subscription rate) ]/t-day net fund share value. For example, if an investor buys a fund product with a price of 10000 yuan, the subscription rate is 0, and the net value of the fund share on the day of subscription is 1.0200, then the subscription share =10000/1.0200 = 9803.92. At this time, the shares held by investors will be lower than the investment principal.
3. Fund transaction rates include subscription fees, redemption fees, sales service fees and other items. According to different charging standards, the same fund product can be divided into Class A and Class C. Class A charges the subscription fee according to the subscription amount of the fund. Take bond funds as an example. If the subscription amount is less than 1 10,000, a subscription fee of 0.6% will be charged (some platforms can reduce 10% to 0.06%). The subscription amount of ordinary individual investors is below 6,543,800 yuan, and most of them need to pay subscription fees. Suppose the subscription amount is 10000 yuan and the subscription fee is 10000*0.06%=6 yuan. The subscription fee is directly deducted from the subscription amount, so if you buy Class A fund products, your share may be less than the principal due to the subscription fee.
4. Share and principal are converted according to a certain proportion, which does not mean that one share is 1 yuan, so it will be inconsistent with the principal. Now many wealth management products are calculated according to the net value, that is, the price of a fund; The number of shares you hold is the number of fund shares you currently hold; Market value The current value of the fund you hold. Market value = net value * share. There are many ways to buy financial products, such as banks, securities companies, investment companies and reliable internet financial platforms (Alipay, WeChat). However, financial management as an investment is risky.