Caihui Financial statistics show that among the 184 financial products in operation, the latest annualized rate of return of 22 financial products is at a loss. Among them, the top three wealth management products with the heaviest losses come from three Chinese banks: China Merchants Bank, Bank of Communications and Ping An Bank. Their latest annualized yield losses all exceed 10%. These three financial products are: China Merchants Bank’s Active Strategy No. 5 Financial Product of the Exclusive Rights Series (3 years), which currently has a loss of 30.29%; Ping An Bank’s Yingfeng 0712 Fund’s preferred RMB financial product, and its return rate so far shows that The financial management plan has lost 10.94%; the latest annualized rate of return of Bank of Communications' "Deli Baby Blue No. 12" RMB financial product (1.5 years) shows that this financial product is losing 10.16%.
China Merchants Bank
There is no lower limit for losses - 30% is still within the normal range
According to Caihui Financial statistics, China Merchants Bank’s exclusive rights series are very positive Strategy No. 5 financial product (3 years), the investment object is the China Resources Trust·Exclusive Rights Flexible Allocation No. 5 Fund Trust Plan (hereinafter referred to as the "Exclusive Trust Plan") established by China Merchants Bank on behalf of China Resources Shenzhen Investment Trust Co., Ltd.
From the introduction of China Merchants Bank, this trust plan mainly invests in stocks, warrants (limited to allotment warrants obtained when subscribing for detachable bonds), securities investment funds, and securities issued publicly in accordance with the law in China. Exchange bonds, inter-bank market bonds and bond reverse repos, money market funds, bank deposits, low-risk bank wealth management products and other financial market instruments that comply with Chinese laws and regulations.
It is reported that China Merchants Bank is a financial management product specifically for private banking customers. Its purchase threshold is 500,000 yuan and the investment period is 3 years. It is a non-capital guaranteed floating income financial product and does not have Stop loss point.
This also means that if an investor subscribes for 1 million yuan of this financial product, when the net value of each yuan of the financial product is 0.9533 yuan, its expected investment return will be -4.67%; if The net value per dollar of the financial product drops to 0.8088 yuan, and the investor's investment return rate at this time is -19.12%; if the net value per dollar of the financial product is 1.5 yuan, then on the premise that the product plan is terminated early, the product's The investment return rate will reach 15.25%.
Bank of Communications
Loss of 10% in one year of operation
Compared with the above-mentioned financial products of China Merchants Bank, Bank of Communications’ “Deli Baby Blue No. 12” RMB financial products The product also suffered losses to varying degrees during its operation period. The product's profit period started on October 28, 2009, and expired on April 28, 2011. The expected annualized rate of return is 5.5%. The current expected income is The rate of loss was 10.16%. Judging from the product introduction, the purchase threshold of this financial product is as high as 1 million yuan, and it is a high-risk non-guaranteed floating income financial product.
According to the Bank of Communications, the funds raised from this wealth management product will be used to invest in the priority beneficiary rights of the securities fund investment trust plan established by Shanghai Trust, while the investment income of the wealth management products will come from the priority beneficiaries. The trust benefits that can be obtained in accordance with the provisions of the trust contract.
These trust plans mainly invest in stock pools mainly composed of Shanghai and Shenzhen 300 stocks, and invest in allotments, additional issuances and convertible bond subscriptions approved by Shanghai Trust, as well as the placement and placement of new shares. Subscriptions, closed-end securities investment funds, open-end securities investment funds (including ETFs, LOF funds) and other innovative funds, closed-end reverse repurchase varieties of exchange treasury bonds with a term of less than 7 days and bank deposits and those approved by the trustee Futures, options, warrants.
The fund ratio of priority beneficiary rights and general beneficiary rights of the trust plan is 2:1, and the stop loss line is 0.85 yuan. When the net value of the trust property unit reaches or falls below 0.85 yuan, Shanghai Trust will take the initiative. All assets will be liquidated to protect the safety of the investment principal and income of priority beneficiaries.
On January 8, 2010, the net value income report of the "Deli Baobao Blue No. 12" RMB financial product released by the Bank of Communications showed that on January 31, 2010, the net value per yuan of this financial product was 0.8994 yuan, a net value loss of 10.1% per dollar; as of June 30, 2010, the net value per dollar of Bank of Communications' "Deli Baby Blue No. 12" financial product dropped slightly by 0.0008 yuan to 0.8986 yuan.
On September 30, 2010, the net value of the above-mentioned financial product once again dropped slightly by 0.0002 yuan from 0.8986 yuan to 0.8984 yuan, with a net value loss of 10.16% per yuan.
Ping An Bank
The investment yield loss is too large
Investors can extend the term for one year for free
According to Caihui Financial statistics, The Yingfeng 0712 Fund Preferred RMB Financial Management Plan from Ping An Bank (hereinafter referred to as the "Yingfeng 0712 Product") will expire on September 18 this year.