Are bond funds wealth management products?
Strictly speaking, bond fund is a kind of fund financing, not a wealth management product. Financial products are generally divided into low-risk, medium-risk and high-risk financial management. Products designed and issued by commercial banks and formal financial institutions, which invest the raised funds in relevant financial markets and purchase relevant financial products according to product contracts, and obtain investment income according to the contract and distribute it to investors.
However, it is worth noting that both bond funds and wealth management products belong to wealth management in a broad sense and are risky. When choosing, investors can choose the one that suits them according to the product details and introduction.
Which is better, bond fund or wealth management product?
1, investment threshold
Generally, the threshold of bond funds is relatively low, and some 10 yuan can buy them, but some bank wealth management products may have a higher threshold, which needs several thousand yuan or 10000 yuan. However, investors can choose bond funds according to their own conditions when purchasing. If they have less money, they can choose it.
2. Flexibility
When a general bond fund is redeemed, its share will be confirmed at T+ 1 day, while some wealth management products have a time limit, such as one month, one year, two years, etc. In terms of flexibility, bond funds may be more dominant.
I hope the above content can help everyone!