Xinyue Monthly Interest is a wealth management product launched by our bank. Its annual interest rate is about 4%, and it promises to protect the capital and interest, so the product safety is high. In addition, the product also charges a management fee of about 2%, indicating that its management cost is high.
Generally speaking, Xinyue has a monthly income, which is a reliable financial product. However, due to the high management cost, investors need to think carefully. Investors are advised to make full investigation and comparison when choosing wealth management products, so as to make wise decisions.