First, the difference between buying a fund and buying a wealth management product
1, different issuers
The issuer of funds is generally a fund company, while the issuer of wealth management products is generally a bank.
2. Investment threshold
The initial investment amount of the fund is generally 1 1,000 yuan, and the starting point of the baby money fund subscription will be lower, and the investment can be started with 1 yuan. The investment threshold of bank wealth management products is relatively high, starting from 50 thousand yuan, and some products even reach more than one million yuan. Some banks also offer wealth management products starting from 1 1,000 yuan.
3. Safety
The investment direction of different types of funds is quite different. For example, bond funds mainly invest in securities with fixed expected returns, with relatively low risks, while equity funds mostly invest in equity markets, with relatively high risks. Most bank wealth management products are invested in bond assets, with less risk.
4. Expected profitability
At present, the expected rate of return of money funds and bank wealth management products are declining, and the expected rate of return of different types of funds is also very different, but in the short term, the expected rate of return of bank wealth management products is slightly higher than that of funds.
5. Asset liquidity
The liquidity of funds is relatively strong, especially money funds, and most funds support fund conversion. Bank wealth management products generally have a fixed investment period and do not support conversion. Therefore, from the perspective of liquidity, the fund should be better.
Second, is it better for beginners to buy funds or manage money?
On the whole, bank wealth management, money fund and bond fund are all low-risk investment products, which are more suitable for beginners to operate. Investors can comprehensively consider factors such as liquidity requirements and risk tolerance according to their own capital situation.