However, the current financial products also have shortcomings, that is, the expected rate of return is not high, which is not suitable for long-term financial management. Moreover, the current management fees and operating fees charged by wealth management products are not low, and the long-term holding income is relatively low.
Classification of current financial management
At present, many current wealth management products on the market can be roughly divided into three categories.
1. Mainstream money fund products
Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. It specializes in investing in low-risk money market instruments. Different from open-end funds, it has the characteristics of high security, high liquidity, stable income and "quasi-savings". Most money funds are T+ 1, with strong liquidity.
2.P2P current financial management
The second category is the more common P2P demand financing. Many P2P platforms have similar products, and the backend is generally connected with P2P creditor's rights. Its basic principle is to withdraw through the relatively high-frequency transfer of creditor's rights between investors. Because of P2P creditor's rights, the income of such demand-oriented products is basically distributed between 5%- 10% per year.
To achieve high liquidity-investors' funds can be withdrawn immediately, P2P demand financing must meet several conditions: first, at any time, someone wants to sell, and someone must want to buy; Second, the transaction must be active enough; Third, the per capita investment is not large, and the sale of some people is not enough to affect the whole.
3. Brokers collect wealth management products
To put it simply, the collective wealth management product of securities firms is a kind of wealth management service in which securities firms are entrusted by investors to invest their funds in financial products such as stocks and bonds, and its risks and benefits are between savings and stock investment. Securities companies are the initiators and managers of such financial products. This kind of wealth management products are mainly used by brokers to operate idle funds in the securities accounts of stock investors after daily securities trading, which can improve the income of idle funds and can be purchased and redeemed within 24 hours, without any impact on securities investment operation. The rate of return is also around 2.8%, and the initial investment is 50,000 yuan.
What is the reimbursement rate?