It has a certain competitive relationship with the bank's wealth management products.

From the investment direction, the investment direction of bank wealth management products is wider, and it is easier to generate additional income. The investment direction of wealth management funds extracted by fund companies is similar to that of money funds, mainly agreement deposits and short-term bonds.

From the cycle point of view, the wealth management funds of fund companies are generally shorter than those of banks, such as 7 days, 14 days, 2 1 day and so on. However, the wealth management products of banks are rarely less than 30 days. Of course, fund companies also have 30 days and 60 days. Banks also have 7-day deposit notice and 14-day rolling wealth management, but the income is too low to compare.

If we say the income in the same time period, we need to compare the specific situation. Banks' wealth management products generally have fixed income. Although floating income is said, almost all of them will reach the expected income level. Wealth management funds will not have this figure, and they can only compare it with some recent 7-day annualized income.

Financial funds can be purchased with very little money, and in many places 100 yuan is enough. Bank wealth management products generally need 50 thousand.

In terms of choice, if the yield of bank wealth management products in the same period is higher than the current average level of wealth management funds of 0,5-1%,you can choose.