Chaochaobao is a low-risk wealth management product launched by China Merchants Bank from June 5438 to February 2020. It is a money fund with relatively stable income. Its nature is similar to Alipay's balance treasure. Chaochaobao's seven-day average annualized rate of return is maintained at more than 3%, which is relatively flexible in payment and can be consumed, invested and repaid without active redemption.
1. What is ChaoBao Chao?
Chaochaobao is a wealth management product launched by China Merchants Bank from June 5438 to February 2020, with an average annualized rate of return of over 3% in seven days. You can spend, invest and pay back money without active redemption. Super Treasure is to invest the money that users transfer to Super Treasure in some money fund products with low risk, low income and stability. This product can be flexibly paid and consumed at any time, that is, the funds deposited by users in Chaochaobao can be directly used for red envelopes, transfer and consumption.
2. Will the tide lose its principal?
Chao may lose his principal. Chaochaobao is a wealth management product of China Merchants Bank. Any kind of wealth management product will have the risk of principal loss, and Chao is no exception.
China Merchants Bank's Super Bao Chao is similar to Yu 'ebao, and its income will be updated every day. This wealth management product belongs to fixed-income wealth management products, and of course it is also risky. When Chaochaobao's income is not enough to pay management fees, custody fees and sales service fees, it will lead to the loss of principal.
3. What's the difference between China Merchants Bank's Super Win and Super Treasure?
1, the nature of financial management is different: Super Ying Chao is essentially a B-type financial management product of China Merchants Fund's Qianqianbao Monetary Fund, which belongs to the Monetary Fund; Chaochaobao is a cash management financial plan, which belongs to a fixed income product.
2. Different investment methods: super-Ying Chao docking Zhaoqianbao money fund products; Docked a cash management financial plan with Super Bao Chao;
3. The redemption rules are different: Super Ying Chao will only have a limit if it is redeemed quickly; However, each lucky cornucopia can only exchange 1 0,000 yuan per person per day, which means that the maximum exchange is 50,000 yuan per day.