according to the different investment periods of personal wealth management products, China's RMB wealth management products can be divided into short-term, medium-term and long-term. According to the different ideas of product design and the use of financial instruments, products can be divided into five categories. What kinds are there?

1. Bond wealth management products

refer to the fact that banks mainly invest their funds in the money market, generally investing in central bank bills and short-term corporate financing bills, because individuals cannot directly invest in central bank bills and short-term corporate financing bills, and such RMB wealth management products actually provide customers with opportunities to share the investment income in the money market.

2. Trust-based local currency wealth management products

are mainly trust products that are guaranteed or repurchased by commercial banks or other financial institutions with high credit ratings, as well as products that are invested in the trust of beneficial rights of excellent credit assets of commercial banks.

3. Linked local currency wealth management products

are also called structured products. Their principal is used for traditional bond investment, and the final yield of products is linked to the performance of relevant markets or products. Some products are linked to the interest rate range, some are linked to the US dollar or other freely convertible currencies and exchange rates, some are linked to commodity prices, and some are linked to stock indexes. In order to meet the needs of investors, most of these products are designed through certain swap options at the same time.

iv. capital market-based wealth management products

are actually funds of funds. The wealth management products are invested in the stock market. Through the professional wealth management of trust and investment companies, bank customers can share the high growth of the stock market and effectively avoid risks because of the guarantee of guarantee companies.

v. QDII-type local currency wealth management products

Simply put, it is a wealth management product that customers entrust their RMB funds to commercial banks certified by the regulatory authorities, and the banks convert the RMB funds into US dollars for direct overseas investment, and after the maturity, the US dollar proceeds and principal are settled into RMB, which is distributed to customers.