Nowadays, there are more and more wealth management products in banks, and there are more and more products for us to choose from. We will often see the recommended fund products on the interface of the mobile banking APP, or when someone handles business in the bank, we will ask the bank staff to help recommend the fund. So in this case, what should we do if our fund loses money?

What if the fund recommended by the bank loses money?

Because the fund is a fluctuating product, it will go up and down, and the fund can spread risks through long-term holding. Therefore, if there is a short-term loss, you can wait for a good opportunity to rise before selling.

Moreover, except for some special funds that do not need subscription and redemption fees, other funds basically need subscription and redemption fees, of which redemption fees are charged according to the holding time. Generally, the longer the time, the lower the selling rate. After holding for a long time, some funds don't need to charge redemption fees. So long-term holding can help us reduce transaction costs.

If the bank wealth manager induced us to buy the fund without telling the risk, which caused huge losses, we investors can also complain. Complain to the bank or China Banking and Insurance Regulatory Commission.

However, if the bank recommends it normally and informs us of the risks, we need to bear the risks ourselves, and the claim will generally not succeed.

Moreover, when facing the fund recommended by the bank, we should also know something about the fund, and we should not invest blindly, because the fund is risky and may lose money, so we need to be cautious when buying it.