The main differences between Huaxia Caifubao and Huaxia Huotong are as follows:
1, the starting point of purchase/redemption is different. Huaxia Fortune Bao has a minimum subscription of 0.0 1 yuan, an upper limit of100000 and a minimum redemption of 0.01; The starting point of deposit of Huaxia Huotong is 100 yuan, the upper limit is 100 yuan, and the minimum number of redemption orders is 100.
2. The expected annualized expected income is distributed in different ways. Huaxia Caifubao's expected annualized expected income is the expected annualized expected income carry-over method of "daily distribution day payment"; The expected annualized expected income carry-forward mode of Huaxia cash increase is "daily payment and monthly payment", and the expected annualized expected income carry-forward mode of Huaxia cash increase purchased through our electronic platform has been adjusted to "daily payment and daily payment" from 20 13 12.27.
3. The redemption time is different. The redemption of Huaxia Fortune Bao generally takes about T+3 working days to arrive, and fast redemption is not supported for the time being; China Life Insurance Company supports quick redemption (in general, after the application for quick redemption is submitted, the redemption money will be immediately transferred to your corresponding bank account, and the actual arrival time will be subject to the actual arrival time of the bank) and ordinary redemption.
4. The conversion fee is different. Through electronic trading platforms (including online transactions, mobile phone clients, etc. ), using payment methods other than China Merchants Bank Card, switch from Huaxia Cash Increase Fund to other funds of the Company, with front-end charges, applicable proportional rate, and enjoy 1% discount on the subscription rate charged. When Caifubao is converted through electronic trading platform, different payment methods can enjoy 4-20% discount on subscription rate. Please refer to the preferential rates for online transactions for details.