Are fixed-income trust products risky?

Miss Liu called to ask: In the turbulent market environment, the most popular financial product in recent years is the fixed-income trust RMB. Because the rate of return is higher than that of savings deposits in the same period, and the principal and interest are guaranteed, such products are quite popular with stable investors and have good effects on resisting inflation and maintaining and increasing assets. What are the risks of such a product? Noah (Qingdao) Wealth Management Center: The principle of fixed-income trust products is a financial management method in which customers entrust intermediary companies to lend customers' money to financiers, collect loan interest and bear the credit risk of financiers. This kind of products were first introduced by trust companies. Now commercial banks have gradually become the mainstream of this market, and the relationship of such products has also become that customers lend money to users through banks and trust companies. In order to prevent credit risk, this kind of products generally require the financier to provide mortgage (such as equity, real estate, cash), and even a guarantee company is involved to provide guarantee, and there are strict regulations on the disposal of mortgaged assets to ensure that investors can get principal and interest at maturity. The vast majority of fixed-income trust products cannot be withdrawn in advance, and they are only held until maturity after purchase. If investors need money in an emergency, they will get into trouble. Even if you can withdraw cash in advance, you have to pay a certain price, such as handling fees. Most fixed-income trust products have no interest floating clause, and the contract interest rate will be implemented after purchase, and the interest rate will generally not change. Only a few fixed-income trust products will have interest rate floating clauses. The risk of fixed income trust products is quite low. To sum up, the risk of fixed-income trust products is quite low, and the specific product risk depends on the specific product contract. Investors should invest in fixed-income trust products under the guidance of professional financial planners.