1, product form comparison: the directed asset management plan corresponds to a single fund trust, which is a product issued for a single investor. The issuers and supervisors of the former are brokers and CSRC; The issuers and regulators of the latter are trust and CBRC. The collective asset management plan corresponds to the collective fund trust. The product forms are basically similar, but the regulatory layer and the issuer are different. This level cannot judge the safety factor of the project.
2. Product structure: The basic product structure follows the template of collective fund trust structure, and the risk control methods of structured products are basically the same. Trust department is experienced, and brokers focus on innovation. This level should be tied.
3. Rigid redemption level: The rigid redemption ability of the brokerage department is definitely not as good as that of the trust department. The trust department's just exchange is basically invisible, because it wants to penetrate shareholders, and there is no explicit mandatory requirement for brokers to just exchange. Therefore, from the perspective of rigid redemption, trust is higher than brokerage.
4. Liquidity: the liquidity of trust assets is not as good as that of securities assets, which is a weakness of trust assets, and liquidity is the key point of security, which is not as good as that of brokers.
Supplement: Compared with the above methods, the safety of products is still far-fetched, which is somewhat contrary to Qin Qiong. More importantly, focus on the actual products, and gradually analyze the issuer, collateral, credit guarantee, repayment source and so on. Moreover, different financial products have different judgments on customers with different preferences.