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The average return rate of equity financial products in the past year is 28.74%, but nearly 40% are still below par.
Jin10 data reported on August 21, the Shanghai Composite Index continues to hit new highs, breaking a 10-year record, and equity wealth management products have also performed well. According to data, as of August 14, the average net value growth rate and maximum drawdown of equity public sale wealth management products from wealth management companies over the past year are 28.74% and 12.85%, respectively, with 35 sample products recording positive returns over the past year. It is worth noting that among the equity public sale wealth management products that are still active in wealth management companies, 37.5% of the products are still in a state of being below net value.