What are the characteristics of monetary wealth management products?
1, investment object
Monetary wealth management products are cash management products of banks, which mainly invest in short-term financial instruments with high credit rating. In addition to the money market, it also includes various creditor's rights assets such as national debt and bond repurchase, which is a wealth management product linked with interests.
2. Asset liquidity
The investment period of monetary wealth management products is generally short, so it is very convenient to purchase and redeem. Many bank monetary wealth management products support real-time confirmation of subscription and real-time redemption, and the redemption amount is above one million.
Take cash treasure and Industrial Bank as examples. If you buy before 15:45 on the same day, you will get interest on the same day and enjoy the expected interest income on the weekend. The redemption amount is also flexible, with a redemption ceiling of 50,000, but there is no ceiling for real-time redemption at 9:00- 15:45 on weekdays.
It should be noted that some banks' redemption of monetary wealth management products during non-trading hours does not support real-time arrival, and it needs to wait until trading hours to confirm.
3. Investment threshold
Compared with the money fund, the investment threshold of monetary wealth management products is higher, mostly starting from 1 10,000 yuan, which also discourages many investors. Although the investment threshold of such products is expected to be lowered, it should be difficult to fall to the starting point of the money fund in a short time.
4. Expected rate of return
Generally speaking, the expected expected return of monetary wealth management products is lower than that of fixed-term wealth management products, and the 7-day annualized expected return is about 3.5% on average.
What are the above contents about the characteristics of monetary wealth management products, I hope to help you. Warm reminder, financial management is risky and investment needs to be cautious.