What's the difference between bank funds and financial management?
I. Different definitions and functions
The definitions and functions of bank funds and financial management are different. Bank fund refers to an investment tool provided by banks for customers, which is mainly used to invest in securities markets such as stocks and bonds, and is managed by professional fund managers. The investment scope of bank funds is relatively wide, and it is invested in various securities markets to achieve the purpose of steady appreciation.
Wealth management products are a kind of comprehensive financial services provided by banks to customers, which mainly include savings, investment, wealth management and other functions. The income of wealth management products mainly comes from investing in various financial markets, including stocks, bonds and funds. , but also has high liquidity and flexibility.
Second, the investment targets are different.
The investment targets of bank funds and wealth management products are different. Bank funds are mainly invested in various securities markets, including stocks, bonds and funds. , in order to improve income and reduce risks. Wealth management products can be invested in many fields, including real estate, commodities, stocks and other fields, in order to obtain higher returns.
Third, the income mode is different.
The income patterns of bank funds and wealth management products are also different. The income of bank funds mainly comes from the investment in the securities market, including stocks, bonds and funds. Its income risk is related to market fluctuation. The income of wealth management products mainly comes from investment in various fields, including real estate, commodities, stocks and other fields, and its income is related to market fluctuations and the investment direction of the products themselves.
Fourth, the risks are different.
The risks of bank funds and wealth management products are different. The risk of bank funds mainly comes from the fluctuation of the securities market and the management ability of managers. The risk of wealth management products comes from the fluctuation of investment field and the investment direction of the products themselves. Generally speaking, the risk of bank funds is relatively low, while the risk of wealth management products is relatively high.
5. Different ways of buying
Bank funds and wealth management products are also purchased in different ways. Bank funds generally need to be purchased at the bank counter or online banking, and the purchase process is relatively simple. Wealth management products need to be purchased through bank counters or bank account managers, and the purchase process is relatively cumbersome.
To sum up, bank funds and wealth management products are different in definition and function, investment object, income mode, risk and purchase mode. Investors should choose according to their own needs and risk tolerance when purchasing.