With the continuous development of the fund market, the sales channels of funds are also increasing. In addition to the bank's own issuance, it will also help other institutions to sell on a commission basis. These products are often mixed with the bank's own funds, which is difficult to distinguish. So is the bank's agency sales reliable? Let's have a look.

Is the bank's consignment fund reliable?

In fact, bank funds are not necessarily issued by banks. Most banks only sell fund products for fund companies as consignment platforms, and their safety factor is the same as that of fund companies' funds, so banks will not be responsible for fund products.

Therefore, the funds sold by banks depend on the issuance status of funds and the risk nature of funds themselves. Then, in addition to the risks of general funds, what are the unique risks of bank funds?

1. The professionalism of bank wealth management managers is low.

The professional quality of bank financial managers is far lower than that of professional fund managers of fund companies. For many financial managers, some professional questions can't be answered, and the introduction of funds will naturally create many barriers, which will lead to the deviation of the funds you choose to buy.

Bank managers focus on business sales, which will weaken the risk and highlight the expected return on performance. According to your investment needs, you will tend to launch products with high expected returns and poor objectivity.

2. The cost risk increases.

As we all know, buying funds requires subscription and redemption fees, and in all fund sales channels, the subscription fee of banks is the highest. Generally speaking, the subscription fee for banks to buy funds is 0, and many fund companies will discount the subscription rate.

The above is about the reliability of bank consignment funds, for reference only, and I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.