Because the wealth management fund has a certain operating period, the income is relatively stable, and its characteristics are similar to wealth management products, so it is called wealth management fund.
1, income level:
Generally, the investment varieties of wealth management funds are short-term central bank bills, agreement deposits, financing bills and other low-risk fixed-income varieties. The investment scope is similar to that of the money fund, but the duration of bonds invested by the wealth management fund is longer than that of the money fund.
Therefore, its income level is generally higher than that of money funds. Take the wealth management fund "Huitianfu Wealth Management 60-day Bond E" recommended by Alipay as an example. Its 7-day annualized rate of return is about 3.7%, which is higher than Yu 'ebao 1 point.
2. Trading rules:
Unlike ordinary funds, wealth management funds have a lock-up period, during which the funds cannot be redeemed. The lock-up period of the wealth management fund includes 7 days, 14 days, 28 days, 30 days, 60 days and 90 days. There are two ways to buy a wealth management fund. There is a wealth management fund that can be bought on any trading day as long as it is in the state of letting go of subscription. Another kind of wealth management fund only lets go of the subscription and redemption in a specific period.
3. Zero commission sales:
Different from other funds, wealth management funds are exempt from subscription and redemption fees, just like money funds. However, wealth management funds still have a small amount of fund management fees, fund custody fees and sales service fees.
It is understood that the annual cost of financial funds is about 0.36%, and the annual cost of monetary funds is about 0.43%. It can be said that the cost of investing in financial funds is still relatively low.
In fact, there is little difference between financial management funds and regular financial management, the investment period is relatively fixed, the risk is not much different from that of money funds, but the income is relatively better. The above is about what is financial management funds.
Extended data:
Liquidation of funds:
4. The fund scale is not up to standard.
When the scale of the fund issued by the fund company is not up to standard, it will start the operation of voluntary liquidation. For example, the newly issued fund, because the scale is not up to standard, then this fundraising will fail. At this time, the fund company will repay the principal of investors who successfully purchase fund shares through liquidation.
5. The fund has reached the closed period.
Some funds have a closed period when they are issued, and will not continue to buy after the closed period expires. At this time, the fund company needs to return the principal and income of the investor's investment according to the contract period after liquidation.
6. The net asset value of the fund is less than 50 million yuan for 60 consecutive days, or the number of fund holders is less than 200.
This condition applies to both old and new funds. In order to protect the legitimate rights and interests of investors, if the net assets of the fund have been falling, or the number of holders has been greatly reduced, then liquidation is a stop-loss performance.
References:
Baidu encyclopedia-financial fund