However, when it comes to Alipay's regular financial management, many people may think of insurance financial management such as Jianxin Pension Feiyuebao and China Life Chaoyuebao.
These financial products are actually quite special. Get to the point, say three things you may not know.
0 1 product category Although these wealth management products are all issued by insurance companies, they are very different from the wealth management insurance we often say, with different issuers and product types.
Take China Life Super Yuebao as an example. Many investors may directly think that it is a product issued by China Life Insurance Co., Ltd., but the product manager is actually China Life Pension Insurance Co., Ltd.
Other insurance wealth management products, such as China Life Super Yuebao, are managed by pension insurance companies, and the product type is a regular and open old-age security management product.
02 Scope of Investment First of all, to put it simply, a wealth management product with the word "old-age care" is already different, and the investment management of the product strictly implements the provisions of the Administrative Measures for Old-age Security.
Secondly, the investment scope is refined. Many wealth management products have similar investment targets, including bank deposits, money market instruments, bonds, fixed income assets and asset management plans. However, the investment scope of insurance funds is relatively wide, including real estate investment and overseas investment in addition to the above common ones.
Common bank wealth management and fund products generally do not participate in real estate investment and overseas investment, but they are not absolutely not involved. For example, Reits funds may participate in real estate investment, while QDII funds invest heavily in overseas assets.
Earnings and leveraged returns.
As we all know, the yield of bank wealth management products is the expected annualized rate of return, and the maturity income of wealth management products = principal * yield * term /365 days, and the income is fixed;
However, these old-age security products use the same seven-day annualized rate of return as the money fund, so it is of little significance for investors to refer to the rate of return at that time when purchasing products.
For example, 20 18, 10, and the annualized rate of return of China Life Anxinying for 360 days and seven days is 5. 14%, which has attracted many investors. But did the investors who bought the product get a yield of 5. 14%?
Don't! The yield has been adjusting.
How to buy it is more appropriate?
Generally, when the wealth management yield is high, the income is locked by purchasing fixed-income products with a long term, while floating-income wealth management products cannot lock in the income.