Cash wealth management products refer to all financial products that can provide cash management services for investors, so cash wealth management products can also be called cash management wealth management products. Financial products are products designed and issued by commercial banks and formal financial institutions themselves. Cash management financial products include fund department, banking department, brokerage department and trust department.

Fund Department: cash management 1 yuan. The investment scope of money market funds is mainly money market instruments, such as bank time deposits and certificates of deposit. And it is forbidden to invest in equity assets such as stocks and convertible bonds. Short-term financial bond funds, also known as short-term debt funds, have a short operating cycle, usually including 7 days, 14 days, 30 days, 60 days, 90 days, etc. The risk and expected rate of return of short-term debt funds are generally higher than those of money market funds.

Banking Department: Cash financing starts from RMB 65,438+0,000, including open-ended products with no fixed term and closed ultra-short-term financing products. The former has no clear financial term, and the purchase and redemption are more flexible. The investment period of the latter usually does not exceed 30 days, but subscription and redemption cannot be put forward during the operation period. For example, Guangyin Cash A of China Everbright Bank and Tiantianying Zengli Series of Shanghai Pudong Development Bank all belong to bank cash management wealth management products.

Brokerage department: the initial purchase amount of cash management products of brokerage department is relatively high, generally 50,000 yuan, which is mainly divided into two modes: asset management product transfer mode and cash quotation mode, and its expected income is higher than the current interest of banks, and some brokers also support small cash withdrawals.