Guaranteed Financial Products Are Not Necessarily Guaranteed.

Aunt said, I buy bank financing is to rush to its capital preservation safety, I just bought it! How can I give me a loss? It is clear that the risk is low, the capital preservation income is still high, how to become a loss?

The financial manager shows you the instructions, and your arrogance is extinguished immediately.

Because the product sold to you is indeed a financial product of the bank, and it is also guaranteed that the risk level is really low. The expected revenue is indeed the 8% that you told me when you first bought it. The customer manager said he didn't flicker.

You can lose money for the wool, the bank is not responsible. Blame you do not read the instructions, in addition to the content introduced by the financial manager, the instructions are clearly written, the ratio of guaranteed capital is 90% or 95%. Is it not reasonable for you to lose your 5%-10%? The financial manager tells you that the expected maximum yield is 8% indeed.

The problem returns are floating, and there is an expected minimum rate of return that doesn't tell you! That's -5% or -10%!

Slowly, bank financing is not guaranteed capital gains? Why? There are also such pit father varieties, to harm the baby!

Yes, yes, indeed! Remember the product type of this pits, called "structured financial products".

What are structural financial products?

Structured financial products are a new type of financial products that are formed by combining financial engineering technology, fixed income products such as deposits, zero coupon bonds and financial derivatives (such as forward, options, swaps, etc.).

Derivatives, new financial products...

Is there a sense of being tall? How can you not be fooled by financial managers?

In fact, it's very simple.

To see if there are three words in the name of the product, the general bank still has conscience and will tell you that it is a structured product in the product name.

If the product name does not contain "structural" three words, it depends on whether there is a "hook target". Non structural financial products only have investment scope, investment targets and so on, and there will be no linked target. If the product label is linked to the target, it is a structured financial product.

Looking at the expected yield of a product, are there two expected rates of return, the highest expected yield and the expected minimum yield? If the yield is a range, for example, the expected minimum yield is 0.5%, the expected maximum yield is 6.5%, basically it can be judged as a structured financial product.

Of course, these three comprehensive judgments should be able to confirm whether it is structured financial products.

Are all structured financial products guaranteed? Will structured financial products lose money? Of course, the answer is not necessarily.

There is no inevitable one to one relationship between guaranteed capital and structured financial products. Just like tall, fat and thin, you can't say that tall people must be thin and short. They are all fat people! These two are the different dimensions of the characteristics of bank financial products.

Structured financial products are guaranteed and non guaranteed, and non structured financial products are guaranteed and non guaranteed.

However, at present, most structured financial products are guaranteed floating income classes.

Nani? Why do we have another concept of floating income? Is there any fixed income?

Therefore, whether it is structured financial products or non structural financial products, these three types of revenue products have.

Most of the structured financial products are guaranteed capital floating income products.

Because of the guaranteed Capital Provisions, the risk level of banks in financial products is low.

The yield of structured financial products depends on the trend of the "linked target". Therefore, there are usually two gains. The expected maximum yield, that is, the trend of the linked target is entirely based on the scenario of the highest yield designed in the product book, so that you can get the expected maximum yield, but if the opposite is possible, you may get the expected minimum yield or get the highest expected yield.

A rate of return between the lowest.

It depends on the income statement part of the product manual.

Xiaobian needs to be seriously studied. The income type of bank financial products is so divided. It is not only a consideration of capital preservation, but also whether income is fixed or floating, which is divided into three types:

Guaranteed revenue class: the bank also guarantees the principal and guarantees the income, and the security is almost the same as that of the bank.

Guaranteed floating income class: the bank only guarantees the principal, the proceeds are not guaranteed, it is floating, that is, you may be expected to be X%, but if not, it is not the bank's fault.

Non guaranteed floating income: banks do not guarantee the principal and do not guarantee the proceeds, but they tell you that the expectation is X%, but if the profit is not enough, it is not the bank's fault. If it is not careful, it is also not the bank's fault. These risks are all buyers' conceit! The buyer is conceited! The buyer is conceited!

The key point is whether the structural financial products will lose money. If it is a structured financial product with non guaranteed floating income, then it may lose money, and there is no lower limit for losing money.

If it is a guaranteed floating class, we should focus on the coverage ratio and the expected minimum return rate. If the break even ratio is 90% or 95% (which is more common in foreign banks), that means a loss. It also means that the expected minimum return is -10% or -5%, but if the expected minimum yield is greater than 0, then the principal is guaranteed. The worst result is the expected minimum yield of more than 0.

Of course, if it is a structured financial product that guarantees revenue, then it is a fixed income. You don't have to worry about losing money, will you lose the income?

Structural financial products such pit father, why banks need to sell? Is it specifically used for pit father? That is not, Marx dialectical philosophy tells us, look at the problem should be divided into two to be objective.

The reason why structured financial products are regarded as pits products is more because the financial managers use the expected high returns, and keep the original gimmick, fickle ignorance of the big white and uncle, because they do not understand such relatively complex banking assets, products in advance.

There is no anticipation, nor is it clear that it may lose money, so there will always be a loss of money to the situation of bank rioting.

But for those with investment experience, if you can understand the products in the product manual,

The design has a good judgement on the trend of the linked label. Then, using institutional financial products can not only gain higher financial income but also guarantee the safety cushion of the principal, or it is good. It is safer than jumping into the vast stock market loss without any guarantee. If you read the wrong trend, you will get the lowest income. If the minimum income is greater than 0, then you will not lose money at least.