What is Wanlian Wealth Management Treasure?
Wanlian wealth management treasure is a wealth management product issued by securities companies and belongs to the collective asset management plan. The essence of such products, like bank financing, is that licensed financial institutions finance on behalf of customers.
Bank financing means that banks raise customers' funds, invest in various assets and earn expected income. The collective asset management plan is that securities companies replace the role of banks and do the work of banks.
Generally speaking, the risk of fixed expected return products of licensed financial institutions (such as banks, brokers, fund companies and insurance companies) is not very high. After all, to attract customers, product losses will affect their own reputation, so these products with fixed expected returns invest in low-risk assets.
The collective asset management plan is continuously funded and the investment period is fixed. The raised funds are invested in investment products recognized by China Securities Regulatory Commission, including cash, deposits, certificates of deposit, creditor's rights, various financing instruments and monetary funds. The funds are entrusted by the bank, the products are legal and compliant, and the investment assets are relatively high-quality and safe.
From the perspective of risk, Wanlian Wealth Management Bao belongs to medium and low risk products. Its expected return is fixed, and its performance benchmark is 5%. If the actual expected return is not reached, brokers will generally take out part of the risk reserve to compensate for the expected return. Historically, this kind of wealth management products have good maturity income, and there is no shortage of principal and expected income.
Well, that's all for Wanlian Finance. I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.