1, different income: the expected income of wealth management is lower than that of the fund, and wealth management is a fixed-income product; The fund is a floating income product.
2. Different issuers: wealth management is issued by financial institutions and can be issued by banks, securities companies and insurance companies; Funds can only be issued by fund companies.
3. Different risks: the risk of wealth management is lower than that of funds, and wealth management mainly invests in products with lower risks such as deposits and certificates of deposit; The fund mainly invests in bonds and stocks.
Extended data:
According to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund unit can be increased or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed;
Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.
(2) According to different organizational forms, it can be divided into corporate funds and contractual funds.
A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund;
The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.
(3) According to the different investment risks and returns, it can be divided into growth funds, income funds and balanced funds.
(4) According to different investors, it can be divided into bond funds, stock funds, money funds and hybrid funds.
The difference between open-end fund and closed-end fund
(1) The variability of fund size is different. Closed-end funds have a definite duration (in China, the duration is not less than 5 years), during which the issued fund shares cannot be redeemed.
(2) There are different ways to buy and sell fund shares.
When a closed-end fund is initiated, investors can subscribe to the fund management company or sales organization;
When closed-end funds are listed and traded, investors can entrust brokers to buy and sell at market prices on the stock exchange.
When investors invest in open-end funds, they can purchase or redeem them from fund management companies or sales organizations at any time.
(3) The buying and selling prices of fund shares are formed in different ways. Because closed-end funds are listed on the exchange, their buying and selling prices are greatly influenced by the relationship between market supply and demand.
(4) The investment strategies of funds are different. Since closed-end funds cannot be redeemed at any time, all the funds raised can be used for investment, so that fund management companies can formulate long-term investment strategies and achieve long-term business performance.
Open-end funds, on the other hand, must keep some cash for investors to redeem at any time, but not all of them are used for long-term investment, and generally invest in assets with strong liquidity.