If you have already bought it, I suggest you complain to the banking regulatory bureau, and even consider looking for a lawyer to initiate a lawsuit against China Merchants Bank, because this Hengrui Expo product is simply an irresponsible "testing water" MoM product.

The truth that China Merchants Bank didn't tell you is that before Hengrui Expo, China Merchants Bank had no experience in managing such products at all!

As the manager and investment consultant of this product, China Merchants Bank didn't do its job responsibly at all, but entrusted the funds to more than a dozen private fund managers who didn't know how to slap their heads (yes, you didn't read it wrong, this product was not in the hands of China Merchants Bank at all, nor was it invested by China Merchants Bank. You bought the wealth management of China Merchants Bank, and China Merchants Bank said it was the manager, but in fact nothing can be managed! ), and these more than a dozen institutions did not listen to the command of China Merchants Bank, so when the 20 15 market fluctuated violently, this product fell miserably.

As a remedy, China Merchants Bank has repeatedly adjusted the management scale of these private fund managers and the number of private fund managers. Some of them were directly out of the game because of their poor performance. You have to ask, how were these institutions selected in the first place?

What is even more exasperating is that after more than two years, the net product value has not recovered to the level of 1.0. China Merchants Bank doesn't feel that their management is at fault at all.

This product is managed by the Asset Management Department of China Merchants Bank, and the person in charge is Hong Xiaofeng. This person often participates in various forums and conferences, and also shares with others how to make MOM products and tell others how to choose managers. Ironically, since its establishment, Hengrui Expo has performed extremely poorly. The private equity manager selected by China Merchants Bank did not listen to the instructions at all, and the products did not outperform the Shanghai and Shenzhen 300. On the contrary, it rose more slowly and fell faster than the Shanghai and Shenzhen 300. How dare such a person say that he has experience? !