What does it mean for CCB Financial Private Bank to be closed for one year?

Closed-end financial management means that the cash flow that needs to be locked for a certain period of time cannot be used and has a fixed redemption date. Only when the time limit stipulated in the contract is reached can the purchase and redemption be carried out, and it cannot be redeemed in advance, so the flexibility is low. It can't be redeemed within one year after purchase, and it must be one year before you can quit this financial management.

1. Any wealth management product is risky, and closed wealth management products are no exception. Due to poor liquidity, its risk is higher than that of open wealth management.

Second, common closed-end wealth management products include closed-end bank wealth management products. For example, we have invested in banks or many P2P platforms for a period of time, so the wealth management that cannot be redeemed before maturity belongs to closed-end wealth management products.

Third, the risk of closed-end financial management is also related to financial products. If users are engaged in relatively stable wealth management products, such as regular bank wealth management, the risk will not be particularly high. However, if users engage in P2P financial management, if the platform they choose is not reliable enough, the risks they may have to bear will be very high.

Fourth, risk analysis

1. Risk of investment: From the perspective of expected income, the expected income of closed-end wealth management products is higher than that of open-end wealth management products, so its risk is greater. As a product that does not guarantee the principal and interest, it has certain investment risks, but the general investment risks are relatively small.

2. Liquidity risk: From the perspective of product liquidity, closed-end financing is weak, and only when the term is satisfactory can the principal and interest be recovered, which increases the liquidity risk of closed-end financing.

3. Issuer's risk: Although the risk level of closed-end wealth management products is medium and low risk, the expected return is generally stable. In the past, many of them were 100% return. Choosing products with strong risk resistance of the issuer can reduce the investment risk on the one hand and obtain higher expected value-added income on the other.

4. Shopping mall danger: Shopping mall danger is inevitable, which mainly comes from policy danger, shopping mall price fluctuation, economic level and cycle.