At present, Xi 'an Bank has only non-guaranteed financial management. The product period ranges from 30 days to 300 days, and it is issued in three phases at a time, every Tuesday and Friday. Wealth management products are a kind of wealth management products designed and issued by commercial banks and formal financial institutions, which invest the raised funds in relevant financial markets, purchase relevant financial products according to product contracts, and then distribute them to investors according to contracts. Xi 'an Bank's wealth management products have low risks, low returns and are relatively reliable. Any financial management is risky, that is, the problem of size. The higher the rate of return, the greater the general risk. The risk of Xi 'an Bank's financial management will be lower than that of online financial management. Low-risk capital-guaranteed bank wealth management products are generally guaranteed by the bank's personal reputation and assets. For example, for the four major banks, the risk of capital preservation is extremely low and can be ignored. Of course, some small commercial banks have closed down. With the acceleration of China's interest rate marketization, the bank deposit insurance system has been introduced (that is, deposits placed in banks will also be risky, and banks will only be responsible for partial capital preservation, with a maximum possible compensation of 500,000 yuan).
Xi 'an Bank's financial expenses include:
1, sales service fee, which is paid to account managers and other personnel, and the charging ratio is about 0.5%. Account managers generally do not take the initiative to fulfill the obligation of informing. Account managers sell wealth management products with high commission to customers according to their own income, rather than recommending products in combination with customers' actual financial and risk tolerance.
2. Custody fee refers to the fees charged by banks for the custody of wealth management assets, and the charging ratio is about 0.05%. Zhang Zhichang believes that, unlike fund managers and fund custodians who operate independently and supervise each other, it is unreasonable that the managers and custodians of bank wealth management products are all banks themselves, supervising themselves and collecting management fees and custody fees at the same time.
3. Custody fee refers to the fees charged by banks for custody of wealth management assets. It is a little different from the above-mentioned custody fee. Custody has the obligation to supervise the trustee, but custody does not have this obligation. The custodians, trustees and custodians of wealth management assets are all banks themselves.
4. Management fee is the fee paid to financial management personnel and relevant departments, and the charging ratio is 0.3%? 1.5%. The setting of this charging item is reasonable. After all, bank configuration experts collect money from customers. As for the proportion of fees, it depends on the type of wealth management products. If the wealth management products are passive, the charging ratio should be lower; If the investment in wealth management products is active and needs to be operated frequently, the charging ratio can be higher.
5. Subscription fee, subscription fee and redemption fee, that is, the handling fee for buying and selling wealth management products, vary greatly among banks. The current situation is that the charging items of wealth management products are varied and opaque. The bank claims that the expected yield of wealth management products is the net income after deducting expenses, but the excess income is taken away by the bank. When customers get a 5% return, the funds they own may already have a 6% or 7% return.