Take Apple 12 mobile phone (ios 14) and China Industrial and Commercial Bank APP(7.0. 1.0. 1) as examples:
Open the app, log in to online banking, and select the function of "My Online Banking-Settings-Customer Information Management-Risk Capability Assessment" to assess the financial risk capability, which is valid for one year.
Purpose of evaluation:
In order to objectively reveal the risk level of the fund and sell the appropriate fund products to the appropriate customers, China Industrial and Commercial Bank launched the fund consignment business to evaluate the risk of the fund products. The risk grade of fund products is divided into five risk grades according to the order from low risk to high risk: R 1- low risk, R2- low risk, R3- medium risk, R4- high risk and R5- high risk.
Scope of assessment:
All consignment fund products are included in the evaluation scope.
Evaluation factors:
1. Fund manager's establishment time, governance structure, capital scale, management scale, stability of investment and research team, asset allocation ability, soundness and implementation of internal control system, completeness of risk control, arrangement of risk reserve system, compliance of employees, stability of shareholders, senior managers and fund managers, etc.
2. The product structure, investment direction, investment scope and proportion, selling method and minimum purchase amount, operation mode, duration, historical fluctuation degree of past performance and net value of the fund products or services, whether there are any irregularities since its establishment, product valuation policies, procedures and pricing models, purchase and redemption arrangements, leverage utilization, etc.
Risk classification:
R 1- low risk: money market funds, short-term financial bond funds and other products have simple product structure and good liquidity;
R2- Low risk: bond funds (except convertible bonds and exchangeable bonds), hedge strategy hybrid funds (including capital preservation funds within the duration), graded fund priority sub-shares and other products;
R3- Medium risk: stock funds (including index funds) and hybrid funds (excluding hedge funds and capital preservation funds), mainly investing in convertible bonds, bond funds with exchangeable bonds, enterprising graded funds and alternative investment funds (commodities, precious metals, REITs, etc.). ) and other products;
Risk risk is high: fund products with complex structure, large historical fluctuations in past performance and net worth, poor liquidity of investment targets, clear valuation policy and leverage of 1 times (excluding) to 3 times (excluding);
R5- High risk: fund products with complex structure, large historical fluctuations in past performance and net worth, poor liquidity of investment targets, unclear valuation policies and more than three times leverage;
Funds in funds and funds involving overseas investment may be appropriately adjusted according to the investment scope and investment proportion agreed in the fund contract after the implementation of the above evaluation criteria.
If it is agreed in the fund contract to operate in a regular and open way, and the open period exceeds one year, appropriate adjustments can be made after the implementation of the above evaluation benchmark (except for short-term financial bond funds).
If the information of fund products or services changes, China Industrial and Commercial Bank will re-evaluate its risk level according to the reference standard of risk classification of fund products or services, and regularly evaluate and update the risks of fund products or services.