When buying wealth management products, we must look at its historical performance, because its historical performance can reflect its future quality. After all, history is strikingly similar, but when looking at historical performance, we can't just look at the figures of historical performance. Let's look at financial management and past performance. I hope it will be helpful to everyone, for your reference only!

What is the historical performance of wealth management products?

Mainly look at these points:

1 Performance benchmark refers to the expected target rate of return calculated by the manager according to the past performance and the historical performance of the same type of products.

The annualized rate of return in the past seven days is the annual rate of return converted from net income per 10,000 fund shares in the past seven days.

The annualized rate of return in the past month is the data obtained by annualized the rate of return of the day or the rate of return of the week and month.

4 It is recommended to hold the wealth management product with annualized rate of return in the past three months for a long time, so the recent trend of the product can be seen from the rate of return in the past three months.

The annualized rate of return since its establishment, also known as cumulative rate of return, can be judged from the performance of this product since its establishment, which can be said to be popular for a long time.

When screening wealth management products, you can calculate the expected income yourself. For example, the performance benchmark of a wealth management product is 3. 1%, with the highest income of 4.99% and the lowest income of 3.2 1%. You can calculate the annualized income by the historical net value of the product in the past year, and roughly estimate that the expected income of this product is about 4. 15%.

When purchasing wealth management products, it should be considered comprehensively. Don't listen to people or say which one to buy. After all, most of them are catching shadows, and what suits others may not be suitable for you. Moreover, wealth management products are not guaranteed.

Does financial management look at past performance?

How to analyze the displayed rate of return when choosing bank wealth management products? Some people say, just look at the figures of 5% and 6% displayed on the page. I would like to remind you that it is not enough to look at the figures, but also pay attention to the small print below the figures, that is, the specific types of income, such as performance benchmark, annualized rate of return in the past seven days, annualized rate of return in the past month, annualized rate of return in the past three months, annualized rate of return since its establishment, etc.

It is worth noting that, according to the requirements of the regulatory authorities, all kinds of yields are only past earnings performance and do not represent expected returns. China Banking Regulatory Commission's Interim Measures for the Sales Management of Wealth Management Products of Wealth Management Companies clearly stated that it is forbidden to predict the investment performance of wealth management products, and it is forbidden to issue and publicize the expected rate of return of wealth management products.

During random interviews with several bank outlets, the reporter found that there are not many ordinary investors who can notice and distinguish different types of returns at present. Many people still follow the old thinking in the period of capital preservation and financial management, and buy financial management only by looking at the rate of return, and default this rate of return to the rate of return that can be realized at maturity.

Many insiders reminded that after the formal implementation of the "new regulations on asset management", investors must carefully observe and analyze the types of yields and avoid looking at the yield figures alone. Specifically, the "performance comparison benchmark" is widely used in the industry at present. The so-called performance benchmark is simply the income target set by the wealth management product manager. "It does not represent the future performance and actual income of the financial plan, nor does it constitute a commitment to the income of the financial plan." The person in charge of Yin Hang Financial Management said that the benchmark of performance comparison is the investment target set by the manager of financial products according to the income and risk characteristics, investment strategy and past experience of the financial plan. It usually has two forms of expression. One is a single value, such as a performance benchmark of 4.25%; The second is the interval value, such as the performance benchmark of 3.5% to 4.5%.

In addition to the performance benchmark, there are various expressions of "annualized rate of return", such as the annualized rate of return in the last seven days, the annualized rate of return in the last month, the annualized rate of return in the last three months, and the annualized rate of return since its establishment. What's the difference between these indicators? First of all, we must understand the meaning of "annualized rate of return". According to the person in charge of Yin Hang Finance, the annualized rate of return is to calculate the rate of return of products in years, with the purpose of unifying standards and facilitating comparison. For example, the term of a wealth management product is 362 days and the net value at the time of purchase is 1.00. After deducting all expenses such as custody fee, fixed management fee and sales fee, the net value of the product is 1.06 15. Assuming that the product has no floating management fee, its annualized rate of return is 6.20%.

As net worth wealth management products regularly disclose their net worth, such as daily, weekly, monthly and quarterly disclosure, the following types of income will naturally appear: annualized rate of return in recent 7 days, annualized rate of return in recent 1 month, and annualized rate of return in recent 3 months. This is equivalent to calculating the yield of the product in different time periods, such as 7 days, 1 month, 3 months, etc. , as of the net release date, and then annualized rate of return. "From different time dimensions, we will provide some measures of financial performance to help investors make investment decisions." The person in charge of Yin Hang Finance said that the annualized rate of return since its establishment refers to the annualized rate of return from the date of product establishment to the latest net disclosure date.

Why is the past rate of return displayed by wealth management products still not uniform? The reporter learned from the regulatory authorities that according to the requirements of the regulatory authorities, wealth management products can not give the expected rate of return, but there is no hard and uniform standard in showing past performance. Financial institutions can display the corresponding types of past income according to the different characteristics of products, especially net worth wealth management products. According to the rhythm of net worth disclosure, we can show the past income in different periods.

After clarifying the meaning of different types of returns, how should investors reasonably use and refer to these returns? Many people in the industry said that the key is to combine their own investment period. If investors intend to hold a wealth management product for a long time, that is, more than 6 months, then it is recommended to focus on three rates of return, performance comparison benchmark, annualized rate of return in the past year and annualized rate of return since its establishment. If the investor intends to hold it in the short to medium term, that is, 1 month to 6 months, it is suggested to pay attention to the short-term income performance of the product, such as the annualized rate of return in the last 7 days, the annualized rate of return in the last 1 month, and the annualized rate of return in the last 3 months.

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Since the new regulations on asset management, major banks have begun to promote the net worth of wealth management products. For many investors, the attraction of such products is gradually increasing. What information points should we pay attention to about bank wealth management products? Where can I get it?

Net worth wealth management products will be disclosed regularly.

What information points are there?

There are different concerns about the information disclosure content of net worth wealth management products.

1. For newly established bank wealth management products, we need to pay attention to the "issuance announcement". Generally, the announcement of product issuance will be disclosed within 5 working days after the product is established.

2. After the bank's wealth management products run for a period of time, they will be disclosed in "regular reports". The quarterly, semi-annual and annual reports of wealth management products will be disclosed within 15 working days after the end of each quarter, 60 working days after the end of the first half of the year and 90 working days after the end of each year. It is important to note that if the wealth management product has been established for less than 90 working days or the remaining duration does not exceed 90 working days, the product manager may not prepare quarterly, semi-annual and annual reports of the current wealth management product.

3. If the bank wealth management products you buy have a certain investment period, you need to pay attention to the "expiration announcement", and generally disclose the product expiration announcement within 5 working days after the product is terminated.

4. In case of major events of the bank wealth management products held, relevant contents will be released within 2 working days after the major events of the products.

Performance of net worth wealth management products

what do you think?

A very important information disclosure content of net worth wealth management products is net worth disclosure ~

Generally, after the opening period of newly established bank wealth management products ends, the wealth management product manager will announce the net asset value and net share value of wealth management products on the "next working day" of the valuation date. Net asset value and net share value deduct the unpaid financial expenses in the current period, but do not deduct the excess performance reward.

With the net value, how to calculate the income of the product?

Give a chestnut:

Take the net wealth management product "(flexible configuration) BOC Wealth Management-Zhifu (closed) 19 02" as an example:

This product is a closed-end wealth management product, which was established on September 4th, 19 with an initial net value of 1 yuan, and will expire on March 9th, February1year, with a performance benchmark of 4.40% and a product life of 552 days.

The net value of this product is published once a week. As of October 9, 20 10/kloc-0, the latest net value was1.1103, and the annualized rate of return since its establishment was 10.05438+048%. The calculation formula is:

Finished product yield

= (latest net value-initial net value)/initial net value __365/ holding days __ 100%

=( 1. 1 103- 1)/ 1__365/402__ 100%

= 10.0 148%

Suppose Xiao bought the product for 654.38+10,000 yuan. According to the latest net value of 654.38+00.9 in 20 years, the current floating profit is 654.38+065.438+0030 yuan.

(The above net value is for reference only and does not represent the net value of the product due date. The net maturity date is subject to the announcement of BOC official website. All product elements are bound by legal documents such as product specifications. The performance of the above products is the annualized income since its establishment, which does not represent the final income of the products. The past performance of wealth management products does not represent the future product performance, nor does it equal the actual income of wealth management products. Financial management is not a deposit, products are risky, and investment needs to be cautious. )