Yes, financial products are risky. The products in Steady Financial Management are all risky, so there is definitely the possibility of losing principal. At present, all financial management products do not have principal-guaranteed and interest-guaranteed products, which means that financial management products may lose principal. However, some financial management products have very low risks and are even ignored.

Financial management products are provided by commercial banks and Products designed and issued by formal financial institutions themselves. The raised funds are invested in relevant financial markets and purchased related financial products according to the product contract. After obtaining investment income, they are distributed to investors according to the contract.

The China Banking and Insurance Regulatory Commission issued the "Interim Measures for the Management of the Sales of Wealth Management Products by Wealth Management Companies" to strengthen the management of the sales process of wealth management products and clarify a number of prohibited behaviors in the sales process of wealth management products to effectively protect the legitimate rights and interests of investors. . The measures will come into effect on June 27, 2021.

Bond type

Invest in the money market, and the products invested are generally central bank bills and corporate short-term financing bonds. Because central bank bills and corporate short-term financing bills cannot be directly invested by individuals, this type of RMB financial products actually provides customers with the opportunity to share the income from money market investments.

Linked type

The final yield of the product is linked to the performance of the relevant market or product, such as linked to the exchange rate, linked to interest rates, linked to international gold prices, linked to international crude oil prices, Linked to the Dow Jones Index and Hong Kong stocks, etc.

QDII type

The so-called QDII, that is, qualified domestic investment institutions that conduct overseas financial management on behalf of clients, refers to commercial banks that have obtained the qualification for overseas financial management business on behalf of clients.

QDII-type RMB financial products, to put it simply, mean that customers entrust their RMB funds to qualified commercial banks, and the qualified commercial banks will convert the RMB funds into U.S. dollars and invest directly overseas. After maturity, they will Financial products that are distributed to customers after the US dollar income and principal are converted into RMB.

Electronic spot

New investment and financial management products

Investment channels

Financial management products can generally be purchased through commercial banks or non-bank financial institutions .

Traditional channels include: banks, insurance companies, securities companies, futures companies, and fund companies.

Emerging channels include: third-party financial institutions, comprehensive financial services institutions

Profit rate

For example, is the rate of return in an advertisement an annual rate of return or a cumulative rate of return? ; Whether the product withholds tax, and whether the rate of return in advertising is pre-tax rate of return or actual rate of return.