Quanxin equity is a net wealth management product with non-guaranteed floating income. The financial risk level is R3, with no fixed term. It is open once a week from 9: 00 a.m. to 9: 00 p.m. 17: 00. You can apply for redemption on the open day and confirm the product share on the next working day. There is no redemption fee at the time of redemption. Quanxin equity products are closed for one week, which is suitable for investors with high liquidity requirements. Product investment in fixed income assets exceeds 60%, equity assets does not exceed 35%, and derivative assets do not exceed 20%. Taking fixed income as the base, you can get higher income, and the product risk level is slightly higher than that of ordinary guaranteed financial management, which is suitable for investors who pursue higher income and have higher risk tolerance. When buying a product, investors need to read the product manual carefully to understand the risk points of the product, as well as the redemption time and method of the product principal and income. Quanxin equity wealth management products calculate income through net value. When purchasing or redeeming net worth wealth management products, it shall be conducted according to the unknown price method. Net worth financial products are divided into closed net worth products and open net worth products. Net worth products are generally calculated by share, and the initial net value is 1. Suppose you buy a newly established wealth management product with a net value of 1 ten thousand yuan, and the share is 1.02 1.03. If the product actually runs for 1.82 days, its net value after expiration is 1.0265438. Net worth products have no expected rate of return, and banks will not promise fixed income. Only after the product expires will the bank calculate the customer's income according to the actual market investment quotation of the product. If it is an open-end net worth product, it is valued and calculated according to the market quotation during the opening hours.
Under the new asset management regulations, the income of the money fund will be reduced to close to the bank time deposit, and the capital preservation and wealth management will gradually withdraw from the historical stage.