Take the purchase of Tian Hong Fund as an example:
When you transfer money to Yu 'ebao, you buy the Yu 'ebao Monetary Fund provided by Tian Hong Fund, and you can get income.
Tian Hong Fund Management Co., Ltd. is one of the national public offering fund management companies approved by China Securities Regulatory Commission. Tian Hong Fund was established on June 8, 2004 +065438+20041October 8. At the end of 20 14, Tian Hong Fund managed 589.8 billion yuan of public assets, ranking first in the industry. Tian Hong Fund is recognized as the fund company with the most Internet spirit.
In 20 13, Tian Hong Fund launched the first Internet fund-Tian Hong Zenglibao Monetary Fund (Yu 'ebao), which changed the new format of the whole fund industry.
By the end of 20 14, the balance treasure was 578.9 billion yuan, ranking the largest single fund in China.
Yu 'ebao is a balance value-added service created by Alipay. The funds in Yu 'ebao can also be used for online shopping payment at any time, which can be flexibly extracted.