Net worth wealth management products are open, non-guaranteed floating income wealth management products, with no expected income and no investment period.

Products are open weekly or monthly, and users can buy and redeem them at any time during the opening period. Therefore, the income of net worth wealth management products is only related to the net worth of the products.

Which is better than ordinary wealth management products?

First of all, we need to know what is a net worth wealth management product. Similar to open-end funds, net-worth wealth management products are open-ended, non-guaranteed floating-income wealth management products with no expected income and no investment period. Products are open weekly or monthly, and users can buy and redeem them during the opening period.

1. When purchasing or redeeming net worth wealth management products, it shall be conducted according to the unknown price method:

Unknown price method means that investors don't know the exact price of the transaction that day when buying and selling net worth wealth management, because the net worth of that day is released on the next net worth announcement day. Therefore, when purchasing and redeeming, you should refer to the net value of the previous trading day.

2. Net worth can be used to calculate the past rate of return of investment and wealth management products:

When the net-worth wealth management product was first established, it was generally counted from 1. Assuming that a wealth management product has been established for 270 days and its latest net value is 1.05, its annualized rate of return = (current net value-initial net value)/initial net value/days of establishment x365 days = (1.05-65438+).

3. Pay attention to whether there are subscription fees and redemption fees:

Some net worth wealth management products have subscription fees and redemption fees. When calculating income, investors need to exclude subscription fees and redemption fees. For example, if the redemption fee is 0.5%, the actual annualized rate of return is =6.759%-0.5%=6.259%.

4. Net calculation does not mean risk:

Net worth products are similar to open-end funds, and the income is calculated by net worth. Many people have an illusion that products calculated by net worth are risky. In fact, some wealth management products calculated by net value are still very stable and have good returns, such as "Jin Tiantian" of China Merchants Bank and enhanced annuity wealth management products of ICBC Wealth discretionary assets series.

5. When purchasing or redeeming, it shall be calculated according to the share:

For example, if you want to buy a net wealth of 60,000 yuan (excluding subscription fee and redemption fee) and the net wealth is 1.05, then the wealth management share is = 60,000 yuan/1.05≈57 142.86 copies. When this financing has risen to 1.07, if you want to get it back, the total redemption amount is = 57142.86 *1.07 ≈ 61142.86 yuan.

6. Net worth wealth management products usually can't reach that time:

Because net worth wealth management products need clearing time to calculate net worth and share, the fastest time for such personal wealth management products to arrive in the account is T+ 1, so I would like to remind everyone to pay special attention to the account date.

Compared with traditional wealth management products that cannot be redeemed before maturity, net worth wealth management products are more liquid. Products usually have a minimum holding period, after which investors can purchase and redeem them on the open day of each week or month. At the same time, unlike traditional wealth management products, which are not very transparent, net worth wealth management products will disclose their income regularly, making investors' operation more flexible.