The differences between wealth management products and funds are as follows:
1, different issuers:
The issuer of funds is generally a fund company, while the issuer of wealth management products is generally a bank.
2. Investment threshold:
The initial investment amount of the fund is generally 1 1,000 yuan, and the starting point of the baby money fund subscription will be lower, and the investment can be started with 1 yuan. The investment threshold of bank wealth management products is relatively high, starting from 50 thousand yuan, and some products even reach more than one million yuan. Some banks also offer wealth management products starting from 1 1,000 yuan.
3. Security:
The investment direction of different types of funds is quite different. For example, bond funds mainly invest in fixed-income securities with relatively low risks, while equity funds mostly invest in equity markets with relatively high risks. Most bank wealth management products are invested in bond assets, with less risk.
4. Profitability:
At present, the expected returns of money funds and bank wealth management products are declining, and the returns of different types of funds are also very different, but in the short term, the returns of bank wealth management products are slightly higher than the returns of funds.
5. Liquidity:
The liquidity of funds is relatively strong, especially money funds, and most funds support fund conversion. Bank wealth management products generally have a fixed investment period and do not support conversion. Therefore, from the perspective of liquidity, the fund should be better.
6. Different service charges:
The subscription and redemption of different funds need to pay a certain handling fee; Bank wealth management products only require investors to cancel the contract in advance and pay a certain cancellation fee.
7, product types focus on different:
Bank wealth management products invest more in conservative products such as bonds or some foreign currencies. There are few restrictions on fund investment, and stocks can also be used. Different types of funds invest in different products.
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