Whether it is a wealth management product or a fund product, there is no interest in these days before redemption, and the income is calculated as of the redemption date. The redemption time of wealth management is at 3 pm on the trading day, but investors don't always redeem at around 3 pm on the trading day, so there are subtle differences:

Redemption before three o'clock: The A-share market closes at three o'clock in the afternoon, so it is redeemed before three o'clock in the afternoon. The system will calculate the net value of the day according to the investment situation of the day, and then calculate the selling price according to the net value of the day. After the sale, there will be no income in the days that have not arrived.

Redemption after three o'clock: it is equivalent to redemption before three o'clock on the next trading day, so the floating loss is still calculated on the day of redemption, but there is no income in these days.

Generally speaking, many investors of fixed-term wealth management products do not need to redeem, and the principal and income will automatically arrive after the contract expires; The redemption of fund products should be based on the trading time of stocks. After the general fund products are redeemed, the funds will arrive in 2-3 working days.

Financial products are products designed and issued by commercial banks and formal financial institutions themselves. The raised funds are put into the relevant financial markets according to the product contracts, and the relevant financial products are purchased, and the investment income is distributed to investors according to the contract.

The China Banking Regulatory Commission issued the Interim Measures for the Management of the Sales of Wealth Management Products of Wealth Management Companies, which strengthened the management of the sales process of wealth management products, clarified a number of prohibited acts in the sales process of wealth management products, and effectively protected the legitimate rights and interests of investors. These Measures shall come into force on June 27th, 20021year.

The method is clear. In the sales activities of wealth management products, wealth management product sales organizations and their sales personnel:

Do not mislead investors to buy wealth management products that do not match their risk tolerance;

Do not make false propaganda, one-sided propaganda, exaggerate past performance, predict the investment performance of wealth management products, or issue and publicize the expected rate of return of wealth management products;

Do not confuse wealth management products with deposits or other products;

Do not bind or tie other services or products forcibly during the sales of wealth management products;

Do not induce investors to make short-term and frequent purchases and redemptions for the benefit of institutions or personnel;

Do not provide direct or indirect, express or implied guarantees for wealth management products, including partial or full commitment of principal or income protection.