This is a fund. Xingyin Tianlibao is a monetary fund and a low-risk wealth management product. The raised funds are invested in products that account for no less than 80% of creditor's rights assets such as deposits and bonds.

Xing Yin Finance does not guarantee the principal of this product, nor does it promise any fixed income. But the risk level is R 1, and the risk can be basically ignored.

Redemption:

Every trading day of the product is an open day, and the manager will confirm the investor's application for subscription and redemption on the open day. The application for subscription and redemption submitted by investors in the whole trading day will be confirmed on T+ 1 day; The application for subscription and redemption submitted from 00: 00 to 24: 00 (excluding) on the non-trading day will be confirmed on T+2.

Due to the high liquidity of cash management products, investors frequently apply for redemption, so the wealth management manager does not charge subscription fees, subscription fees and redemption fees for cash management products.