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Jinmi Jiafu Series wealth management is an open net-value wealth investment product
2021-02-26
Jinmi Jiafu Series wealth management is an open net-value wealth investment product in the Bank without fixed maturity and made of several closed sub-maturities with the closing time of sub-maturities from 7 days to 3 years.
When the product is issued, the reference performance benchmark of similar products will be issued which can only be provided for clients for reference. Without the rigid callable guarantee, the actual returns of the product are not directly linked to the benchmark and their targeted investment price fluctuation will completely influence the net value fluctuation. After deducting relevant expenses, remaining part is the returns for clients and clients shall take all investment risks.
Product characteristics
1. Multiple sub-maturities
The product is made of several sub-maturities and their closing times are basically consistent. Closing time of sub-maturities of different products will be 7 days to 3 years. For special reasons (such as holidays and festivals), actual closing periods of sub-maturities will be correspondingly increased or reduced and the actual closing maturities will be published before the starting date of sub-maturities.
2. Purchasing at any time
Except for the establishment date, the procurement application can be accepted at other times and will be successfully determined in the next published settlement date.
3.Automatic redemption/ automatic renewal
According to the difference between designs of products, when sub-maturities of some products go to their duration, products will be automatically redeemed, thus avoiding the financial liquidity strain of clients due to forgetting. Some products with short sub-maturity times will go to the duration of the next maturity automatically. When clients propose the redemption application, they will be settled to accounts of clients in the next settlement date after the proposing date.
Handling channel
The service can be handled through the WeChat banks, mobile banking and online banking
Prompt
Due to the uncertainty of future returns of net value products, some products will go to the duration of the nextmaturity automatically and cannot be directly redeemed to accounts. Clients should fully understand the operation rules and historical return conditions of the product, and select appropriate products according to personal risk preferences and liquidity demands.
Tips
1. The previous performance of wealth investment products does not mean the future performance and is not equal to the actual return of wealth investment products. The investment must be cautious.
2. Wealth investment products do not mean deposit. Due to risks in products, the investment must be cautious.
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