Which other financial products have higher expected returns?

Now Xiaoxi will introduce four types of medium and low-risk financial products for your reference.

1. Smart deposits The issuers of smart deposits are generally direct banks or private banks. In essence, they are also bank deposit products.

What is "smart"?

Its interest calculation method is more flexible.

Let’s take a typical representative of WeBank’s smart deposit as an example.

The deposit period of this product is 5 years and can be withdrawn in advance.

If the deposit period is less than one month, the withdrawal interest rate is 2.8%; if the deposit period is more than one month, the withdrawal interest rate is 4%; if the deposit period exceeds 3 months, 6 months, or 1 year, there are corresponding interest rate standards, with a maximum of 4.5%.

The advantages of smart deposits are high security, flexible deposits and withdrawals, relatively high expected returns, and the ability to flexibly change according to the deposit period.

2. Cash management products Cash management products are also products of private banks.

Representatives of this category include Fumin Bao from Fumin Bank, Dinghuo Bao from MYBank, and Zhihui Deposit from Baixin Bank.

The underlying assets of this type of cash management product are bank time deposits, which support investors' early withdrawals, and the early withdrawal interest rates are also very high.

This type of product combines safety, expected rate of return and liquidity, and is a more suitable current financial product. The expected rate of return is generally above 4%. JD Financial Bank has selected a number of such products.

3. Bank T+0 financial management Bank T+0 financial management is equivalent to the current version of bank financial management. It is characterized by interest starting on the same day, flexible deposits and withdrawals, and the expected rate of return is generally higher than that of money-based funds, with an average of more than 3.5%.

However, the first purchase of this type of product requires an interview at a bank branch, and the minimum purchase threshold is 50,000 yuan, which has many restrictions.

4. Short-term debt funds The expected returns of short-term debt funds are greatly affected by market conditions.

The bond market is doing well this year, so short-term bond funds are very popular.

Popular funds generally have an increase of more than 5% in the past year.

However, bond funds have the risk of net value fluctuations in the short term, and long-term expected returns are sometimes high and sometimes low, and the stability of expected returns is not as stable as the above three types of products.

In general, the above four types of products are all current financial management products, with expected returns generally ranging from 3.5% to 4.5%. They are relatively safe and you can refer to them.