In addition to considering the initial net value of the product, when calculating its income, you also need to pay attention to its current net value at the time of subscription and redemption.

For example, an open-end net worth financial product: the initial net value is ?1, and the net value is ?1.05 after the product has been running for ?100? days. You subscribed for the product for ?50,000, and the estimated holding time is ?200 days.

According to the calculation method of the annualized rate of return of net worth financial products, when you subscribe for this product, its annualized rate of return is: (1.05 - 1) ÷ 1 ÷ 100 × 365=?18.2500000%. But be careful, because you subscribe for this product

At that time, its current net value is 1.05, so if you subscribe for 50,000 yuan, the share you hold is: 50,000 yuan ÷ 1.05 yuan/share =? 47619.0476190 shares. Your expected return can be calculated based on the annualized rate of return of the product: Purchase share ×

Annualized rate of return

The net value when Tianhou redeems is 1.2, then the income is: (principal ÷ net value at the time of purchase × net value at the time of redemption) - principal = ? income (50,000 yuan ÷ 1.05 × 1.2) - 50,000 yuan = ?7142.86 yuan

The income from net value financial products is ultimately based on the net value redeemed.

So when you purchase a net value financial product, you can calculate its annualized rate of return and then judge its expected return, and finally calculate your actual return based on the net value at the time of redemption.

Expanded information net value products are different. This type of product does not have a clear expected rate of return.

Product income is announced in the form of net value, which reflects the value of assets more accurately, truly and timely.

Investors enjoy profits or bear losses based on the actual operation of the product.

Not only is it more conducive to protecting the interests of investors, it is also conducive to the healthy development of the asset management industry and eliminates hidden risks to a large extent.

The so-called net value asset management products refer to products in which the issuer does not specify the expected rate of return when issuing relevant asset management products. The product returns are regularly announced in the form of net value, and investors enjoy floating returns based on the operation of the product.

In order to standardize the asset management business of financial institutions, unify regulatory standards for similar asset management products, and effectively prevent and control financial risks.

In November 2017, the "Guiding Opinions on Regulating the Asset Management Business of Financial Institutions (Draft for Comments)" promulgated by the Bank of China, the National People's Bank of China, the National People's Congress, the National People's Congress and the First Bureau of the Bank of China clearly stated that "financial institutions should implement net value management of asset management products, and the net value generated should be in line with fair value.

"Principle, promptly reflect the returns and risks of underlying assets." The introduction of this regulation reflects the regulatory authorities' determination to break the rigid redemption, and indicates that more than 90% of bank wealth management products will be converted to net value products in the future under the promotion of policies.