Classification of net worth wealth management products

1. Classification according to whether the term is fixed or not

According to whether there is a fixed term, bank net worth wealth management products can be divided into open wealth management products and periodic wealth management products.

Open-end wealth management products can be redeemed every day. According to the arrival time of redeemed funds, they can be divided into real-time arrival (T+) and arrival every other day (T+1).

periodic net worth wealth management products cannot be redeemed at will, and funds can only be used when the due funds of wealth management products are returned to the account.

2. classification by issuer

classified by issuer, bank net worth wealth management products can be divided into ordinary wealth management products and high-end wealth management products. Ordinary wealth management products are issued for ordinary bank customers, and the initial purchase amount is low. 2 Three precautions for buying bank net worth wealth management products 1. The rate of return fluctuates every day

Precautions for buying bank net worth wealth management products

1. The rate of return fluctuates every day

The expected return of bank net worth wealth management products is marked by the 7-day annualized rate of return, which is fluctuating, not fixed and different every day. This is very different from ordinary wealth management products with fixed term. There is only one benchmark for the performance comparison of ordinary bank wealth management products with fixed term, which will not change and will be announced to customers at the time of issuance.

it is important to note that the 7-day annualized rate of return of net worth wealth management products with a cycle of 6 days is not necessarily higher than that of net worth wealth management products with a cycle of 3 days. When purchasing, don't be confused by the temporary performance of the annualized rate of return on the 7 th, but look at the stability of its income.

2. The income of open net worth wealth management products is lower than that of periodic wealth management products

Generally speaking, the 7-day annualized rate of return of open net worth wealth management products is lower than that of periodic wealth management products. In view of this income feature, if idle funds can be stored for a long time, if you choose to buy periodic wealth management products, your income will be higher than that of open wealth management products.

3. The number of purchase periods of periodic net worth wealth management products can be continuous

Periodic net worth wealth management products have cycles, for example, 6 days and 9 days. However, the purchase of cyclical net worth wealth management products is not limited to one cycle. In other words, the number of periods purchased by periodic net worth wealth management products can be continuous. For example, if you buy a 3-day net worth wealth management product, you can choose three periods, so you have bought three 3 days in a row, and the total period of holding this wealth management product is 9 days.

a net worth wealth management product refers to a wealth management product in which the expected rate of return is not clear when the product is issued, and the product income is displayed in the form of net worth, and investors enjoy floating income according to the actual operation of the product.

direct or indirect investment of wealth management funds raised by net worth wealth management products includes but is not limited to cash management and fixed income investment products; Equity investment products such as stocks (including subscription of new shares and Shanghai-Hong Kong Stock Connect) and open-end funds; And other investment products such as entrusted creditor's rights, various beneficiary rights, accounts receivable, asset management plans and trust plans.

Types of net worth financial management

1. Cash management products

Cash management products refer to financial products of commercial banks or bank financial subsidiaries that only invest in money market instruments and can subscribe and redeem product shares every trading day. Cash management products focus on high liquidity. According to different product rules, investors can redeem product funds on the same day (T+) or on the next day (T+1). For example, Jianxin Bao No.1 is open on a daily basis, Huaxia Wealth Management Cash No.1 A, Zhaoying Kaixinbao A and so on.

these products are characterized by high liquidity and flexible redemption, which can be redeemed every trading day; Steady income, amortized cost valuation, R1 low risk, stable income performance.

It is suitable for investors who demand high liquidity and pursue stable returns. It is mainly used to meet the financial needs of investors for small change and short-term idle funds. This kind of products can be understood as "demand" deposits higher than the demand interest rate, with an annualized rate of about 2% and almost no loss.

2. Fixed-term products

Fixed-term products refer to the products that investors need to hold according to the agreed period (generally, the period is not less than 9 days), and they cannot be redeemed in advance. After the fixed period, the wealth management products with principal and income will be automatically paid into the wealth management account agreed by investors. Such products are more conducive to the implementation of medium and long-term investment strategies. Give full play to the advantages of closed operation of products, avoid "chasing up and killing down" in the investment process, and the operation is more stable.

this kind of product is characterized by: automatic payment at maturity, and after the product expires according to the agreed time limit, the principal and income are automatically paid to the investor's wealth management account; There are a variety of maturity options, from 3 months to 5 years. Investors can choose products with different maturities according to their own needs.

it is suitable for customers with low liquidity preference who can accept a certain investment period.

3. Periodic products

Periodic products include regular open products and minimum holding period open products. Products are mainly invested in fixed income assets, supplemented by equity assets. Strictly control the underlying assets, smooth the fluctuation of net worth, and have rich investment strategies.

periodically open the products for redemption every cycle (such as 7 days, 1 month, 3 months, etc.), and confirm the redemption after opening.

for products with minimum holding period, investors need to hold them for a certain minimum period (such as 3 days, 6 days, 9 days, 18 days, etc.) after purchase, and cannot redeem them during this period. After the expiration of the holding period, it can be redeemed at any time or within a specified period, or it can continue to be held. Some products are allowed to choose the holding period in advance. After the period is over, there is no need to apply for redemption, and the principal income can be automatically received, taking into account the income and liquidity needs.

the characteristics of this kind of products are: offensive and defensive, giving consideration to both income and liquidity; Cyclic investment can be redeemed flexibly, and rolling investment can be made.

it is suitable for investors who have a certain risk tolerance and give consideration to both income and liquidity needs.

The above is Xiaobian's answer to your wealth management products. Please pay attention to us for more knowledge about bank wealth management products.