First, the theme is different. The main body of bank wealth management products is banks, which raise funds. The main body of the fund is the fund company, which raises funds.

Second, the subject is different and the supervision unit is different. The bank's regulatory body is the China Banking Regulatory Commission, and bank supervision is relatively loose. The regulatory body of the fund is the CSRC, and the whole process from establishment to operation is relatively strict supervision.

The funds raised by the fund need to be deposited in the bank. After the fund manager formulates the investment strategy, the bank directly invests the money in specific products. Fund companies will not be able to obtain investors' funds directly. Although banks also need to find bank custody to issue wealth management products, many banks are managed by their own banks.

Third, the risks are different. Although the investment scope of the two is basically similar. However, due to the different emphasis of products. So the final risk is different. Bank wealth management products tend to invest in low-risk products with fixed income, with fixed income and low risk.