Do wealth management products count as funds?
Strictly speaking, wealth management products are not equal to funds. Wealth management products and funds are both a way for individuals to invest in wealth management, which is very extensive. Among them, the fund is just a kind of financial management.
However, there are funds in Alipay's wealth management products, which can also be understood as a kind of wealth management products, but the risks inside are not great. Basically, they are funds with partial bonds, and some have moderate risks. When investing, investors can see the types of risks clearly in the fund details, and then consider them according to their own affordability.
How to judge whether a wealth management product is a fund?
Taking bank financing as an example, according to the risk level, bank financing products can be divided into five types: cautious products (R 1), stable products (R2), balanced products (R3), aggressive products (R4) and radical products (R5), and the increase of numbers represents the increase of risks.
When purchasing, investors can check the risk level and detailed information of wealth management products. If the wealth management product is marked with the risk level of R 1-R5, it is not a fund, but a bank wealth management product.
Generally speaking, wealth management products and funds are risky. When buying, investors must carefully consider and choose the financial management method that suits them.