银行理财月度跟踪（2024.10）：10月净值型产品存续数量回升

Investment Rating - The investment rating for the banking industry is optimistic [1]. Core Insights - The report highlights a recovery in the number of net value products, with a total of 1.96 million products as of the end of October, reflecting a month-on-month increase of 2.52% [12][22]. - The report notes a stable performance in the banking wealth management sector, with the closed-end product achievement rate at 79.40% and the open-end product achievement rate at 44.51% as of the end of October [9][10]. - The overall market's broken net rate stands at 4.13%, showing a slight increase of 0.09 percentage points from the previous month [7][9]. Summary by Sections 1. Wealth Management Market Overview - The broken net rate as of the end of October is 4.13%, with 1,706 broken net products in the market [7]. - The achievement rate for closed-end products is 79.40%, while for open-end products, it is 44.51% [9][10]. 2. Key Tracking of Net Value Wealth Management Products - The number of net value products has increased to 1.96 million, up 2.52% from the previous month [12]. - As of October 31, 2024, the proportion of closed-end net value products is 52.58% [14]. 3. Issuance Market Situation - In October 2024, the total number of wealth management products issued was 3,803, representing a year-on-year increase of approximately 32.88% [22]. - The issuance of non-principal guaranteed products remains stable, with a notable increase in the proportion of products with a maturity of 1-3 months [22]. 4. Wealth Management Returns - As of October 31, 2024, the expected annualized return rates for various maturity periods are as follows: 1 week at 3.10%, 1 month at 2.22%, 3 months at 2.84%, 6 months at 2.71%, and 1 year at 3.11% [12][22]. - The report indicates that 9.15% of the products reported a negative net value growth as of the last day of October [18][19].