What is a net worth wealth management product? What is the difference between ordinary wealth management products and ordinary wealth management products?

Similar to open-end funds, net-worth wealth management products are open-ended, non-guaranteed floating-income wealth management products with no expected income and no investment period. Products are open weekly or monthly, and users can buy and redeem them during the opening period.

The differences between net wealth management products and ordinary wealth management products are as follows:

1. The liquidity is different. Net-worth wealth management products increase liquidity on the basis of closed-end wealth management, and there are open days every week or month, so the purchase and redemption are relatively more flexible. Ordinary wealth management products will have an investment period, and when the product does not expire, it is impossible to redeem the funds.

2. Information transparency is different. Net worth products regularly disclose income, and the information is transparent, while the information of ordinary wealth management products is relatively opaque.

3. Risks and benefits are different. The risks and benefits of net worth wealth management products are relatively high, while those of ordinary wealth management products are relatively low.

4. Different investment scope, the investment scope of net worth wealth management products is wider, while the investment scope of ordinary wealth management products is relatively narrow.

5. The requirements for investor education are different. Online wealth management products have higher requirements for investor education, while ordinary wealth management products have lower requirements for investor education.