Fixed Income Class Daily Open Financial 7-Day Shortest Holding Period Product Description
This is the product description (202303 version) for Ningyin Wealth Management's Ningxin Ririxin fixed income daily-open wealth management product No. 7 with a minimum holding period of 7 days. The product code is ZGN2360007, the national banking registration code is Z7002123000270, and it is a fixed income, non-principal-protected floating-return public offering rated PR2 internally, denominated in RMB. The performance benchmark is 2.80%–3.20%, the subscription period runs 2023/5/6–2023/5/9 and the establishment date is 2023/5/10.
The document sets out the important notes, product elements, investment management and scope (80%–100% fixed income assets, 0%–20% equity assets, 0%–20% commodity and financial derivative assets, leverage no more than 140%), the trading rules, fees, income and tax, and the maturity and termination of the product. Each subscription has a minimum holding period of 7 natural days from the confirmation date, the product is closed from 2023/5/11 to 2023/5/24, and the maturity date is 2050/12/31. This manual is written in Chinese.
| Product code | ZGN2360007 |
|---|---|
| Product type | Fixed income, non-principal-protected, floating return (固定收益类、非保本浮动收益型) |
| Product rating | PR2 (manager's internal rating) |
| Performance benchmark | 2.80%–3.20% annualized |
| Minimum holding period | 7 natural days |
| Subscription period | 2023/5/6–2023/5/9 |
| Establishment date | 2023/5/10 |
| Maturity date | 2050/12/31 |
| Leverage ratio | No more than 140% |
| Asset allocation | Fixed income 80%–100%; equities 0%–20%; commodities and financial derivatives 0%–20% |
| Fees | Sales service fee 0.30% p.a., fixed management fee 0.50% p.a., custody fee 0.001% p.a. |
| Custodian | Bank of Ningbo Co., Ltd. (宁波银行股份有限公司) |
The product code is ZGN2360007, and its national banking information registration code is Z7002123000270.
Subscriptions are held for at least 7 natural days from the establishment date or from the share confirmation date before they can be redeemed.
The performance benchmark is 2.80%–3.20%; it is not an expected return and does not guarantee principal or income.
The product is closed from 2023/5/11 to 2023/5/24, and from 2023/5/25 each exchange trading day is an open day for subscription and redemption applications.