Traditional Culture Encyclopedia - Lucky day inquiry - Is Jilin Bank Daily Income Fund a Monetary Fund?

Is Jilin Bank Daily Income Fund a Monetary Fund?

Jilin Bank Daily Life Fund is a monetary fund.

On June 30, 2020, the cumulative net redemption amount of the financial productNo. 1 of Geely Wealth "Jiri Jinsheng Series" exceeded 10% of the principal balance of the previous product at the end of the working day.

According to the provisions of the Measures for the Supervision and Administration of Commercial Banks' Wealth Management Business of the Bank of China Insurance Regulatory Commission and the agreement in the product description of RMB wealth management products of Jilin Bank Geely Fortune "Jiri Jinsheng", it is confirmed that a huge redemption clause has been triggered.