Ningyin Wealth Ningxin Fixed Income Closed-end Wealth Management 235 Product Description
This is the product description for the Ningyin Licai Ningxin Fixed Income Closed-end Wealth Management No. 235, product code ZGN2180235, managed by Ningyin Wealth Management Co., Ltd. and sold through Bank of Ningbo Co., Ltd., which also serves as custodian. It is a privately placed fixed income product rated PR2, with a 551-day term from April 27, 2022 to October 30, 2023, a performance benchmark of 4.40% annualized, and a minimum initial purchase of RMB 500,000 for individual qualified investors and RMB 2 million for institutional investors.
The document covers the product elements, the investment scope (80%-100% fixed income assets, 0%-20% equity assets, 0%-20% commodity and derivative assets, with leverage not exceeding 200%), the risk assessment of the markets and assets to be invested in, subscription rules, net value disclosure every Tuesday, the rules for calculating an investor's units and amount, and the product fees, including a 0.40% annualized fixed management fee. This manual is written in Chinese.
| Product code | ZGN2180235 |
|---|---|
| Product type | Fixed income |
| Product rating | PR2 (internal rating, for reference only) |
| Performance benchmark | 4.40% annualized |
| Term | 551 days |
| Establishment date | April 27, 2022 |
| Maturity date | October 30, 2023 |
| Minimum initial purchase | RMB 500,000 for individual qualified investors; RMB 2,000,000 for institutional investors |
| Fixed management fee | 0.40% annualized |
| Leverage ratio | Not more than 200% |
| Sales institution | Bank of Ningbo Co., Ltd. |
The product code is ZGN2180235, and its national banking information registration system code is Z7002122A000074.
The term is 551 days, from the establishment date of April 27, 2022 to the maturity date of October 30, 2023.
No. The product operates as a closed-end product and is not open for purchase or redemption during the term.
The performance benchmark is 4.40% annualized; it does not represent future performance or actual returns.