China Merchants Bank classifies investors' risk tolerance from low to high into five grades: A 1, A2, A3, A4 and A5. Before purchasing fund products, investors need to fill in the Evaluation Form of Personal Investment Risk Tolerance for rating. When purchasing fund products, the risk level of the purchased fund is higher than the investor's own risk tolerance.
In the purchase channel, you need to sign or confirm the statement of voluntary purchase of fund products that exceed your personal investment risk tolerance before you can buy fund products.
Extended data:
R 1 and R2: The investment scope is basically the same, and most of them are financial assets such as interbank market, exchange market bonds, fund loans and trust plans. Generally speaking, the low-risk part of R 1 investment is relatively high, and there is usually a capital preservation clause, which is our common capital preservation income or capital preservation floating income product.
R3 level: In addition to financial products with low volatility such as bonds and interbank deposits, products of this level can also invest in financial products with high volatility such as stocks, commodities and foreign exchange. The investment ratio of the latter shall not exceed 30% in principle. This level does not guarantee the repayment of the principal, and there is a certain principal risk. The principal guarantee rate of structured products is generally above 90%, and the income fluctuates to some extent.
R4 level: this level can be linked to highly volatile financial products such as stocks, gold and foreign exchange by more than 30%. The principal repayment is not guaranteed, the principal risk is high, the income is unstable, the investment is vulnerable to market fluctuations, changes in policies and regulations and other risk factors, and the possibility of loss is high.
R5 level: products of this level can be fully invested in various financial products with great volatility, such as stocks, foreign exchange, gold, etc. , and can invest and operate through leverage amplification methods such as derivative transactions and stratification. The investment subject is risky and the income fluctuates greatly, which is easily affected by market fluctuations, changes in policies and regulations and other risk factors. Of course, the corresponding expected rate of return will be higher.