Net Asset Value-based Wealth Management Enters Deep Waters, "Steady Happiness" Quietly Disappears

“Recently, there have been quite a few days of green,” said Xiao Wei, an investor in financial products. Before the Spring Festival, several markets, including gold and equities, experienced fluctuations, causing the net values of financial products to fluctuate accordingly. Additionally, since the beginning of this year, the transformation of financial products toward net value has been continuously deepening, and fluctuations in product net values with market changes have become normal. This has made some investors, who expected steady profits, feel a bit uncomfortable. Research shows that under the background of low interest rates in the bond market, financial products increase returns through “multi-asset, multi-strategy” approaches. However, the transition to net value and increased asset price volatility are causing investors to go through a necessary market fluctuation learning period. Industry insiders say that many short-term adjustments in the market are often part of the long-term upward trend. Investors are advised to be more patient with the fluctuations in the net value of financial products and to make investment decisions with a long-term perspective. (China Securities Journal)