What Is a Deposit Bag?

With the increasing popularity of Internet finance, the popularity of currency funds as a cash investment tool has been greatly increased, and has been favored by more and more investors. Some fund companies are taking advantage of relevant activities to enhance the user experience of currency funds. The reporter recently learned from Shenwan Lingxin Fund Company that the company's "cash bag" for cash money "T + 0" fast redemption business launched "cash bag" fast cash-out customer experience feedback activities have been hot.

Cash bag

Right!

With the increasing popularity of Internet finance, the popularity of currency funds as a cash investment tool has been greatly increased, and has been favored by more and more investors. Some fund companies are taking advantage of relevant activities to enhance the user experience of currency funds. The reporter recently learned from Shenwan Lingxin Fund Company that the company's "cash bag" for cash money "T + 0" fast redemption business launched "cash bag" fast cash-out customer experience feedback activities have been hot.

Chinese name

Cash bag

Nature

financial

.
According to reports, the "cash bag" is a wealth management investment account launched by Shen Wanling, and the "recharge" to the cash bag is actually the purchase of the Shenwan Lingxin income treasure currency fund. This experience activity runs from now until December 25. As long as new and old customers perform quick cash experience feedback through Shenwan Lingxin's official website and participate in the questionnaire survey, they can get 10 yuan in cash bag money fund shares (Shen Wanling Xinyibao A), each valid participant is limited to one participation opportunity, with a total of 1,000 places, while stocks last. After the event, Shenwan Lingxin Fund will also draw a lucky one among all valid participants, and give an additional 1,000 yuan in "cash bag" currency fund shares (Shenwan Lingxin Yibao A).

In fact, as an investment and wealth management account, in addition to the "cash bag", investors can also experience the "T + 0" fast redemption business of money funds in addition to purchasing money funds. × 24 hours a day can implement a fast redemption operation to achieve fast cash withdrawal, the fastest fund within 1 minute, the cumulative cash withdrawal limit for a single day and single account reaches 500,000 yuan, which better meets the investor's liquidity needs, Improve the wealth management function of money funds. At the same time, the "cash bag" fast cash withdrawal business is still in the promotion period, and does not charge any additional processing fees for the time being, investors can actively try.

It is worth mentioning that, in addition to liquidity comparable to demand deposits, the "cash bag" is also attractive as a money fund in terms of income. Wind data shows that as of November 25, Shenwan Lingxin Yibao A's seven-day annualized yield reached 3.726%, far exceeding the interest rate of demand deposits of 0.35%, and also outperformed the one-year bank deposit benchmark, highlighting " "Cash bag" advantage in obtaining solid income.

Industry insiders pointed out that with the successful launch of currency funds, more and more investors recognize its advantages such as low risk, high liquidity, and free application for redemption. At present, various fund companies such as Shenwan Lingxin are also making efforts. It will be made into a replacement for residents' savings deposits, and various value-added functions will be developed, which will strive to meet the needs of investors through more convenient and thoughtful services. In this process, whether the fund can provide innovative services and optimize the user experience is the key to its success. The cash bag customer experience feedback activity held by Shen Wanlingxin helps investors understand and experience the innovative services of currency funds, and helps fund companies to continuously improve their customer experience. Shen Wanlingxin also said that in the future, the company will further serve the majority of holders through official WeChat and mobile web tools.

Cash bags are fund products, and the returns are similar to similar products. There is also the problem of unstable income. Unlike the loan help network to gather wealth, it can stabilize the annualized rate of about 13%. At present, the reason why the returns of fund products are unstable is because of the currency market they are connected to, the returns are greatly affected by the currency market.