Brief introduction of cash treasure of Industrial Bank
Cash treasure-Tian Li 1 of Industrial Bank is a money bank wealth management product issued by Industrial Bank, which is more flexible than Yu 'ebao. It is more convenient to buy on the same day, calculate interest on the same day, and redeem it. The funds arrive in real time, and there is no upper limit for the redemption amount, unlike the limit of 1 10,000 for the quick redemption of money funds.
Security of Industrial Bank cash treasure
Cash treasure, Industrial Bank, is a bank wealth management product with a risk level of R 1, which is not guaranteed but has low risk. According to the product specifications of the bank's products, Industrial Bank cash treasure invests in fixed expected income assets, mainly money market instruments such as bank deposits, money funds and reverse repurchase of government bonds, as well as short-term investment instruments such as government bonds and central bank bills. Basically, the investment types are similar to those of money funds and short-term debt funds, so the safety of Industrial Bank cash treasure is still relatively high.
The expected rate of return of Industrial Bank cash treasure
According to the data of June 365438+1October 3 1, the 7-day annualized expected rate of return of Industrial Bank cash treasure is 4.04%, and the expected return of ten thousand copies is 1. 1527. As a current wealth management product, this expected income level is more competitive than money funds and various baby wealth management.
Cash treasure, Industrial Bank, bank wealth management products, starting at 1 1,000 yuan, can be purchased at bank counters, online banking and mobile banking. Its advantage is that the expected rate of return and flexibility are higher than those of the money fund, which can be properly considered by the users of Industrial Bank.