With the recent slump in stocks, bank wealth management products seem to be affected. At present, bank wealth management products are now ending prematurely.
According to incomplete statistics, 50 non-structural currency wealth management products have been terminated early since 2015. The reason is not only the decline in stocks, but also the impact of the central bank's RRR cuts. In this regard, experts reminded that the early termination of bank wealth management products may not end immediately, investors need to pay attention to the wealth management account, in case of early termination, timely selection of other high-yield wealth management products, so as to avoid the funds to calculate the current period. 100 862 100 861 According to incomplete statistics, since 2015, there are 50 models of non-structural currency early termination of financial products, including bank, banks, banking, banks have different numbers of early termination of financial products, the bank early termination of financial products for the series The Bank's “Ding Ding Jin Series”, the bank is the “benefit plan series”, and the bank is “Guangyin Anfu (high net worth customer exclusive) series”. From the perspective of income level, among the early termination products, the expected yield is 5.2% and the highest is 7.3%. These early-terminated wealth management products have realized the expected rate of return, but when calculating the income, The actual investment days are calculated. Due to the reduction in investment days, the actual amount of revenue received will be less than the original expectations of investors.
How to delay the early termination of wealth management products? In the announcement of the expiration of its wealth management products, the bank clearly stated that the product was bypassed by the trust product and was terminated early due to the fall of the stock. According to CCB, “In the case of secondary investors’ additional margin, there is still a large investment risk. In order to protect the interests of priority investors, the company will terminate the investment principal and investment income in advance. The actual income will be based on actual income. The financial period (days) and the original expected annualized rate of return are calculated at 6.2%. According to public information, the original wealth management period of the wealth management product is 331 days, and the profit end date is March 9 next year, but it was received in mid-August this year. Forced to terminate early.
shares will fall early or will heat up
Wealth products will be terminated early in addition to the impact of stock declines, according to financial analysts, "by the central bank's continuous RRR cuts, the field funds continue to loosen, the benchmark interest rate continues to decline, the company's Financing costs are also going down. Financing companies can easily find cheaper funds on the field to complete debt swaps. Banks also have to pay for wealth management products in advance because of the early repayment of financing companies.”
Financial analysts believe that bank wealth management products The early termination of the tide will not end immediately, and if the stock continues to fall, there may be early termination of the product. In addition, the central bank has continuously lowered the rate of interest rate cuts, reduced the cost of social financing, and the early payment of wealth management caused by the advance repayment of financing debts will continue to emerge. Faced with the early termination of wealth management products, industry insiders remind investors to constantly pay attention to financial management accounts, bank information disclosure announcements and bank SMS notifications, etc., to keep abreast of the situation of their investment products, and if they encounter early termination, they can choose other in time. High-yield wealth management products, so as not to find out that they are not found, so that the funds are calculated based on current interest.