This financial product is not particularly reliable. Judging from his situation, the data he gave is an annualized benchmark return of 4.5%, and it is a low-risk financial product. Judging from the name, it is called Stable Wealth, Fixed Income and Enhanced Closed Type, which means that you will basically not face a loss of principal. But this financial product is indeed not as good as imagined. Its income is not a fixed income, but a floating income. This financial product is not particularly reliable. Judging from his situation, the data he gave is an annualized benchmark return of 4.5%, and it is a low-risk financial product. Judging from the name, it is called Stable Wealth, Fixed Income and Enhanced Closed Type, which means that you will basically not face a loss of principal. But this financial product is indeed not as good as imagined. Its income is not a fixed income, but a floating income.

The characteristic of floating income is that it is risky, which is different from fixed income. With fixed income, you can get a very fixed interest after maturity, but with floating income, you may not be able to get interest. Moreover, when purchasing this kind of financial product with floating income, there will be some risks, and it is very likely that you will lose all your principal. Such a situation is not impossible. Because it is not a fixed income, it should also be noted that this financial product is a closed-end, which means that after purchasing it, you can only watch it make or lose money. Judging from the current situation, it is more likely to be in a state of losing money. Compared with funds, the overall income of funds is higher than that of this financial product, and a very important point of funds is that they can be bought and sold at any time, so that losses can be stopped in a timely manner. However, if the financial product purchased is not stopped in time, the money can only be recovered after it expires. At this stage, you cannot sell it even if you lose a lot of money. The risk of this financial product is still relatively high.