Analysis Of Four Core Cash Management Products

Among the 3 products in the banking sector, the highest rate of return is short term bank financial products, which reach 3.5% and can be realized in one month. It has 2 products. asset management The product revenue reaches 3.5%, and it can be realized every other day. It has 2 products, and the highest yield, and the profit is above 4%. The fund has the largest number of products, reaching 4, of which the yield of the traditional monetary fund has reached 4.27%, and it can be cashed on 3 days.

　　 Four core cash management products

Fund Department: cash management 1 yuan

Money market funds refer to a fund that is invested in short-term securities in the money market, which can be purchased and redeemed on the trading day. The investment scope is mainly based on money market instruments, including bank deposit deposits, certificates of deposit, bills, bonds with a term of 397 days, and bonds repurchase within 1 years within 1 years. It is not allowed to invest in equity assets such as stocks and convertible bonds. Credit rating requirements are higher, and no investment can be made under AAA level.

The so-called T+0 Monetary Fund in the field refers to the monetary fund, which can be traded, redeemed and realized T+0, and is one of the most important innovative products of last year.

Short term financial bond fund, or short debt fund, is an innovative fund emerging in May 2012. It is a regular open-ended pure debt fund with a closed period. The operation mode is similar to rolling bank financial products, and products are closed in an operation cycle. After expiration, investors can choose to redeem or continue to invest so that funds can enter the next operation cycle. The operation cycle includes 7 days, 14 days, 30 days, 60 days, 90 days, etc. The currency ETF is the transactional money market fund, which realizes the immediate seamless connection between the stock and the IMF, so that it can revitalize the hundreds of billions of brokers.

　　 Banking Department: Cash management 1000 yuan to start.

Non fixed term products are open-ended trading mode with no definite financial period. Investors can apply for purchase or redemption on any trading day during the financial planning period. The purchase and redemption will take effect immediately. Open cyclical products are also known as rolling products. If investors do not buy or redeem requests before the products expire, they will automatically enter the next operation cycle. Usually, the period of one operation cycle is not too long (7, 14, 21, 28 days, etc.).

Closed ultra short term financial products, financial management period is not more than 30 days, the entire operation period of the product is closed. Investors can not apply for purchase and redemption during the operation period. Once purchased, they must wait until the product has expired to get financial capital.

　　 Brokerage department: cash management 10 thousand yuan

So-called Bond pledge Quotation repurchase (hereinafter referred to as "quote repurchase") refers to the total amount of standard coupon calculated by the securities company as a pledge and the total amount of standard coupon calculated according to the standard coupon conversion rate as the amount of financing. The customer who has designated the transaction in the securities company will be incorporated into the fund by means of the quoted price of the securities company and the customer accepting the quoted price, and the customer will withdraw the funds and obtain the corresponding proceeds when the buyback expires. The margin management mode of brokerages refers to the transfer of customer margin to securities asset management product accounts by securities dealers, and the investment of customers' funds in currency or bond funds, bank deposit deposits and other tools, and then the transfer of principal and interest to customers in accordance with the agreed time limit. A broker obtains profits by collecting management fees or income sharing.

　　 Trust department: cash management 1 million yuan

Open, non fixed term type means that there is no definite investment deadline and the open trading mode is adopted. Investors can apply for purchase or redemption on every open day (open day for the specified working day, such as 2 or working day per product week) during the planned opening period.

Open regular type refers to a definite investment period, usually not too long, such as 2 weeks, 1, 2, 3, 6, 9, 12 months, subscription funds only after the expiration of the distribution of principal and trust income, this is the main difference between open and non fixed term type. The subscription time, threshold and investment orientation are basically the same as those of the open type without fixed term.