Because the share of some wealth management products is not 1 yuan, but 1 or 1.2 yuan, the transaction amount and share will be different. If each share happens to be 1 yuan, then the transaction amount and share are the same.
Wealth management products generally say how many shares they hold. Did not say the number of holdings. The purchase of wealth management products is based on the amount and then converted into shares. Convert shares into money at the time of redemption.
Extended data
For a long time, people have a misunderstanding about bank wealth management products, thinking that bank wealth management products are risk-free income savings. That was not the case. The essence of bank wealth management products is financial investment products, which are very different from the traditional savings business of banks in terms of liquidity, risk, income, trading methods and so on. The income is uncertain, and some wealth management products may even lose their principal.
Personal financial products of commercial banks are divided into two categories: guaranteed income financial plan and non-guaranteed income financial plan. Each financial plan can be divided into:
(1) The "guaranteed capital and interest" fixed-income wealth management plan means that the income obtained by investors is fixed, the risks are entirely borne by banks, and the losses caused by poor management of wealth management funds are entirely borne by banks.
(II) The floating income financial plan of "principal guaranteed and interest-free" means that the bank guarantees the safety of the client's principal, and the income is distributed between the bank and the client according to the agreement.
(3) The "non-principal-guaranteed floating income financial plan" means that the bank does not provide any guarantee of principal and income to the customer, the risk is entirely borne by the customer, and the income is distributed between the customer and the bank according to the agreement.
People's Bank of China-Types of personal financial products of banks
Source of reference: People's Bank of China-What are bank wealth management products?