As far as investment threshold is concerned, bank wealth management products have the lowest threshold, followed by asset management, and trusts are the highest, especially single trusts, which are generally not played by individual investors.
As far as security is concerned, bank financing is the safest, but the income is the lowest; The asset management risk of securities firms is high, and the trust risk is the highest; As far as the yield is concerned, it is inversely proportional to the safety of the product.
Specifically, the minimum purchase starting point of bank wealth management products is 50,000 yuan (stable products are 65,438+10,000 yuan), and products are invested in savings, national debt, financial debt, cargo base and bank bills (capital-guaranteed and stable products);
High-rated local bonds or corporate bonds, stock bases and commercial paper (balance); Stocks, precious metals, foreign exchange, futures, financial derivatives and so on. (aggressive, radical).
At present, the common bank wealth management products on the market are mainly stable or balanced, and the yield fluctuates around 4-6, which is basically rigid.
(The above investment scope only refers to ordinary products, the actual situation is too complicated to describe, and the risk classification may be different, the same below) Trust is divided into single trust and collective trust.
The starting point of collective trust is low (the minimum is 50,000, but it is generally around 200,000, and 6,543.8+0,000 is also common), and the starting point of individual trust is generally10,000,000.
In addition to the types of banks, products also include various financial assets such as equity, creditor's rights and income rights, as well as physical assets such as high-end wine, artworks and real estate.
You can basically vote except those that are not allowed by law. Depending on the degree of risk, the rate of return fluctuates greatly, with the low being similar to that of bank products and the high being uncapped (but it may also be wiped out).
In terms of redemption, the current market is basically implicit rigid redemption (there are other funding channels at the bottom), but there have been many cases of trust default.
The minimum starting point for asset management of securities firms is 50,000 yuan (restricted products), but generally it is non-restricted products with a price of more than 654.38 million yuan.
The investment scope of limited products is between stable and balanced banking products, while the investment scope of non-limited products is similar to trust.
In terms of rate of return, it is generally around 5- 10, and the high one can reach double digits, while the low one also has losses.
Redemption can generally be redeemed according to the contract, but from time to time there will be rumors that a certain asset management is facing redemption pressure.
As for the pilot of bank asset management, the short-term impact is mainly channel business (see my other answer: what is channel business?
For banks, how to transfer assets from the on-balance sheet to the off-balance sheet? ), personal financial management has little impact, and at most it has opened up high-yield product channels for banks.
Finally, financial management is risky and investment needs to be cautious.