After the implementation of the new asset management regulations, cash management financial products have become more and more popular and are regarded as short-term and stable financial management tools. However, cash management wealth management products have not been listed for a long time, so many investors have heard about them, but they are not clear about what cash management wealth management products are. Let's take a look at them together.

What is a cash management financial product?

1, product definition

Cash management products refer to financial products that commercial banks or bank financial subsidiaries only invest in money market instruments and can apply for product share subscription and redemption every trading day. Product names generally include words such as currency and cash.

According to the product definition, although cash management products are similar to money funds, they are essentially wealth management products, not funds.

2. Investment objectives

The investment scope of cash management products is narrower than that of money funds. According to the new regulations on cash management financial products, cash management products should be invested in cash, including bank deposits, bond repurchase, central bank bills, interbank deposit certificates, bonds and other money market instruments, and the remaining maturity of bonds is required to be within 397 days. The proportion of bonds issued by the same institution shall not exceed 65,438+00% of the net asset value of products, and cash management products shall not be invested in stocks.

3. Expected income of products

Due to the high demand for asset liquidity and strict investment scope, the expected rate of return of cash management products is generally low, but it is still higher than the bank deposit interest rate in the same period.

The above content about what is called cash management financial products, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.