Difference 1: the purchase threshold. The starting point of fund subscription is relatively low, generally around 1000 yuan, supplemented by some specific investment plans. The threshold of financial planning is high, and the purchase starting point of RMB financial planning is usually above 50 thousand.

Difference 2: liquidity. Wealth management products are more like substitutes for "fixed deposit". Usually, you can't redeem them at any time, and their liquidity is limited. At this time, the liquidity of the fund is relatively stronger.

Difference 3: Initiating institution. The sponsors of funds are fund companies, and the sponsors of wealth management products are banks.

Difference 4: Rate of return. Wealth management products usually announce the expected annualized rate of return, and the income of the fund is related to the operation and management of the fund company.

Difference 5: Risk. At present, conventional wealth management products generally have less risk of loss of principal, and the fluctuation of fund net value will affect the principal.

Difference 6: handling fee. The subscription and redemption of funds usually require a certain handling fee; Except for some special products, there is generally no handling fee for the redemption of wealth management products.

If you have any questions, please open the homepage of China Merchants Bank in www.cmbchina.com and click "Online Customer Service" in the upper right corner to enter the consultation.