Wealth management products have a collection period. Simply put, it is a collection period after the issuance of wealth management products. In the meantime, investors can buy this wealth management product. After this period, they can no longer subscribe or buy. The raising period is not an investment period, because the funds raised are not enough and no formal investment has been made.

Is there any interest during the collection period of wealth management products?

Wealth management products have interest during the collection period, but the interest is calculated according to the bank's current interest rate, which is very low. Because the product has not been established during this period, there is naturally no way to invest to generate income, and interest can only be calculated according to the current interest rate.

For example, if you bought a new wealth management product from a wealth management company on February 15, and this product will not be announced until March 15, then the funds you buy this wealth management product will be calculated according to the current interest rate, and will not generate actual investment income.

Tips for purchasing wealth management products:

Buy 1 at the end of the fundraising period, so as to avoid enjoying only a little interest in a longer fundraising period and investing money elsewhere.

Buy before Thursday 15:00. If you miss this time, just do it again next Monday during trading hours, because you buy it after Thursday afternoon 15, and it will not be confirmed until next Monday according to the net value on Friday.

Buy before the penultimate trading day before the long vacation 15:00, so that you can enjoy the benefits generated during the next long vacation.

After the fundraising period of wealth management products ends, it officially enters the investment period, that is, everyone's money is used for investment, and then the income is divided together. If you lose it, you will bear it together.