What does the fixed income category of bank wealth management products mean?

Fixed-income wealth management products, that is, before you buy this wealth management product, the interest is known. After you buy it, your income and principal will not be affected by the fluctuation of interest.

The main assets of fixed-income wealth management products are invested in debt products. Fixed-income products usually have a relatively fixed return on investment and belong to financial management with moderate income risk. Common fixed-income financing includes bonds, bond funds, fixed-income bank financing products, fixed-income brokerage financing plans, and fixed-income trust products.

The risk of such wealth management products is lower than that of investing in basic products such as stock futures. Unless your bond issuer has a major situation that affects the repayment of principal and interest, there is generally not much risk.

Wealth management products are at your own risk, and this proposal does not constitute any investment advice. Financial management is risky, and you have to bear the risks yourself.