Wage Bao is a monetary fund asset management product jointly issued by CITIC Bank and Xincheng Fund. The biggest highlight of the salary treasure is the automation of purchase and repurchase and the availability of ATM machines. It is a low-risk variety in securities investment. So, what about the asset management of wage treasure? What's the yield of the salary treasure?

Wage premium yield

On April 28th, CITIC Bank cooperated with Xincheng Fund to sell its first product-payroll on its asset management platform. This product adopts a breakthrough fully automatic asset management mode, and its biggest highlight is that the purchase and repurchase are fully automatic, which can directly appear on ATM.

What about the asset management of the salary treasure?

1. Procurement automation. Automatic purchase means that the cardholder can set a minimum amount after applying for CITIC Bank Card (savings card), and the excess amount will be automatically converted into monetary fund.

2. Redemption automation. Redemption automation means that when customers need funds, they can directly withdraw cash or transfer money through ATM machines, or directly use credit cards to spend.

3. Risk characteristics of salary treasure. This fund is a money market fund and a low-risk variety of securities investment funds. The expected risks and historical returns of the fund are lower than those of equity funds, hybrid funds and bond funds.

What is the rate of return on wages?

Payroll is an online treasure sold by ICBC. It is docked with ICBC's payroll currency A, and the rest is docked with Tian Hong Zenglibao's currency. So, what is the rate of return of wage treasure? It is understood that the average annual rate of return of workers in the last month is 4.73%, and the average rate of return in the last year is 4.25%.