1. Closed-end wealth management products cannot be redeemed in advance, but in order to solve the problem that some investors need to withdraw funds in advance, many companies have introduced the function of "fund transfer", allowing investors to transfer unexpired products to others, so that they can withdraw funds in advance. At present, the financial management of banks or securities companies generally has the function of transfer. If there is no transfer function, funds can only be withdrawn in advance when they are held until maturity.
2. Buy closed-end funds for financial management. Although the product can't be withdrawn in advance before it expires, part of the funds can be transferred to the secondary market for trading, and investors only need to go through the re-custody procedures on the purchased platform. Tip: Before transferring custody, investors need a stock account and ask the securities company with the account for the seat number on the exchange. When transferring custody, you need to fill in the seat number.
The so-called closed-end wealth management product means that the wealth management product cannot be redeemed in advance before the fixed redemption date or product expiration date announced in the product manual, so its liquidity is relatively poor.
Any wealth management product is risky, and closed wealth management products are no exception. Because of its poor liquidity, the risk is higher than that of open-end wealth management products.
Common closed-end wealth management products include closed-end bank wealth management products. For example, we make financial investment in banks or many P2P platforms for a certain period of time, and the financial products that cannot be redeemed before maturity are closed-end financial products.
The risk of closed-end financial management is also related to financial products. If users carry out relatively stable wealth management products, such as formal bank wealth management, the risk is very small, but if users carry out P2P wealth management, if the platform they choose is not reliable enough, the risk they may have to bear will be high.
Can closed-end wealth management products always see benefits?
Closed-end wealth management products always see no benefits. For example, closed-end funds generally publish their net value once a week and calculate their income according to the net value. Although their income is public, investors cannot sell it during the closed period. They can only be sold after the closing period.
At the same time, for some open-ended wealth management products, investors can see the benefits on trading days, but they can't see the benefits on holidays. For example, some equity funds mainly invest in the stock market, and the stock market is closed on weekends, resulting in no income on weekends, so the weekend income will not be displayed.
The money fund mainly invests in some deposits and bonds, which earn interest every day, so it has income every holiday. At the same time, the money fund will calculate the income of the day every day, distribute and pay. In case of legal holidays, the earnings during the holidays will be disclosed on the second natural day after the holidays, which makes investors find that the earnings of 10000 shares on the first day after the holidays are particularly high.
The income of bond funds mainly comes from changes in net value and bond interest. Bond interest is calculated on a 360-day basis. Therefore, bond funds have holiday income, which is generally reflected in the net value of fund shares.