On March 16, the latest pension financial products of CMB financial management were officially put on sale. China Securities News, China Securities Taurus reporter learned from a sub branch in China Merchants Bank Co.Ltd(600036) Xicheng District at 1:00 this afternoon that the product was sold hot in the whole bank today and the amount was tight.
The sales of pension financial products recently issued by ICBC financial management and Everbright financial management are also good, among which Everbright financial products are about to be sold out.
Industry insiders remind that pension financial products are net worth products, and do not promise to guarantee principal and income, “close your eyes” is not desirable.
pension financial products are selling well
It is understood that the “Zhaoyin financial Zhaorui care Ruiyuan stable five-year closed No. 3 fixed income pension financial product” issued by Zhaoyin financial today is the second pension financial product issued by the company and the first pension financial product issued after capacity expansion, covering 10 regions such as Beijing, Shenzhen and Shenyang.
As early as a week before the launch of the product, branches in China Merchants Bank Co.Ltd(600036) many places warmed up at the grass-roots level to understand customers’ purchase intention, and adjusted the upper limit of the product from 5 billion yuan to 10 billion yuan on March 15P align = “center” source: China Merchants Bank Co.Ltd(600036) official website
However, not all branches are selling well.
China Merchants Bank Co.Ltd(600036) a person from a branch in Fengtai District told reporters that because there are many scientific and technological enterprises in their jurisdiction, customers have a high risk preference, and many of their customers do not “catch a cold” about pension financial products.
In addition to CMB financial management, Everbright financial’s “Yixiang sunshine pension financial product orange 2027 phase 2” and ICBC financial’s “Yixiang Antai fixed income closed net value pension financial product” also began to be raised on March 9 and March 11 respectively, with good sales.
“eyes closed” is not recommended
Since September 2021, the pilot of pension financial products has been put into operation. After two expansion, it has been widely concerned and recognized by the public, but many customers still have misunderstandings.
The reporter learned that lower risk level and higher performance benchmark are important reasons to attract customers. There are many customers mistakenly regard the word “pension” as the symbol of product breakeven, mistakenly believing that the product “can earn without losing”.
It is reported that the risk level of pension financial products on the market is R2 or R3, and the performance comparison benchmark is concentrated in the annualized 5% – 8%, while the annualized interest rate of the bank’s five-year certificate of deposit is only about 4%.
In this regard, industry insiders remind that pension financial products are net value products that meet the requirements of the new asset management regulations. The net value completely follows the change of underlying assets, and the final net value may be lower or higher than the performance benchmark. It is recommended that customers make a comprehensive judgment in combination with factors such as product life, dividend redemption mechanism and so on.
“If the customer’s risk tolerance is very low and can’t bear the fluctuation and withdrawal of net worth, I don’t recommend buying a large amount of pension financial products as a small part of asset allocation.” Li Wei said.
Industrial And Commercial Bank Of China Limited(601398) Zhang Hua (pseudonym), financial manager of a branch in Xicheng District, said that the recent loss of some financial products is one of the important manifestations of net worth, and customers can use it as a reference to measure their risk tolerance. If customers prefer principal preservation, it is recommended to buy time deposits, large certificates of deposit, increased life insurance and other products to lock in the income in advance.
“But customers don’t have to be too nervous about the fluctuation of net worth. The operation of bank financial products is very stable. As for pension financial products, due to the long closure period, customers are likely to taste the fruits of long-term investment.” Zhang Hua said.
