Net value financial products are open-ended financial products. The product is characterized by no expected return and no investment period.

The product will be opened every week or every month, and users can subscribe and redeem at any time during the opening period.

This type of wealth management product is different from bank wealth management products. Net value wealth management products calculate income based on net worth.

When purchasing or redeeming a net-value financial product, it is carried out according to the unknown price method. What is expressed here is that when the financial product is purchased or redeemed on the same day, the net value at that time cannot be known. The net value at that time can only be determined on the next net value announcement date.

Only then will we know.

Many people here will have doubts. This method of operation will bring relatively large risks.

Net value financial products include closed net value products and open net value products. Closed net value products refer to products with a fixed term, but the net value of the product is disclosed regularly, and investors can only redeem the product when it expires.

Open-ended net worth products mean that the product can be developed regularly during its existence, and investors can add or redeem on the opening day. If redemption is made in advance, the funds will not rise again until the opening day.

Net value products do not have an expected rate of return, and banks will not promise fixed returns. Only after the product matures will the bank calculate the customer's return based on the actual market investment quotation of the product.

If it is an open net value product, the valuation calculation is based on the market quotation during the opening time. The change in the net value of the product determines the investor's income or loss.

Net value product income is displayed in the form of net value, which can accurately, truly and timely reflect the value of the product.

Net value products are generally calculated based on shares. The initial net value is 1 when it is first established. Assuming that you purchase a newly established net value financial product worth 100,000 yuan, the share is 100,000. If the product actually runs for 182 days, it will expire.

The final net worth is 1.0213, and its annualized rate of return is 4.27%. Net worth financial products, like stocks and funds, have subscription fees and redemption fees. Subscription fees and redemption fees are related to the purchase quantity and holding time.

The longer the holding period, the lower the fee.