2. In addition to the different products docked, the redemption time of funds under Super Bao Chao and Super Ying Chao is also different:
Tide uses ordinary redemption before the fund trading day 15: 00 pm, and redemption funds will generally arrive before 24: 00 on the next fund trading day. Redemptions after the fund trading day 15: 00 pm or non-fund trading days will generally arrive before 24: 00 on the next two fund trading days. The maximum amount of ordinary redemption is limited to the account position.
There is no need for active redemption for excess transfer and withdrawal. When you use China Merchants Bank Card to withdraw cash, transfer money, fast payment such as WeChat Alipay, credit card repayment (automatic repayment), POS card swiping, etc. , you don't need to manually transfer the excess funds, you can use them directly.
1. China Merchants Bank's super-linked China Merchants Lucky Treasure Monetary Fund, although it is a low-risk financial management, it still has certain risks. In the case of extreme market, such as financial disorder, sudden huge redemption, which may lead to the loss of excess principal. However, China Merchants Lucky Treasure Monetary Fund has been losing money since its establishment, so the safety of this product is still relatively high.
In addition, China Merchants Bank does not promise the minimum income to ensure the safety of the principal. Investors must understand the possible risks in the investment process and try to diversify their investments.
2. What is ChaoBao Chao?
Chaochaobao is a change wealth management product of China Merchants Bank at the end of 2020. Its seven-day annualized rate of return has exceeded 3%, which is higher than that of ordinary money funds. It is a fixed income product.
However, it is worth noting that this seven-day annualized rate of return changes every day, not to say that it remains unchanged. Therefore, investors can check the income from time to time when buying, just in case. Basically, it should be above 3%, and basically it will not change much.
3. Does Chaochaobao break even?
Super treasure, no loss, no profit Although ChaoChaoBao doesn't break even, it basically won't lose money, because from the platform, ChaoChaoBao is connected with CMB Wealth Management Co., Ltd. and belongs to CMB Wealth Management's cash management plan. The platform is well-known and reliable, and the company scale is relatively large.
Secondly, from the perspective of Chaochaobao itself, it is a low-risk fixed-income product with little risk and belongs to the lowest risk among wealth management products. Although it is said that the principal and interest will not be guaranteed, the income will basically remain within the expected income range, and there will not be much change.