In the investment structure of Yu 'ebao Fund, investment bank deposits account for 92%, investment bonds account for 7%, and other investments account for 1%. Among them, the deposit structure of Yu 'ebao Investment Bank is dominated by time deposits, and the proportion of time deposits of 1 month, 1-3 months and more than 3 months is 29%, 48% and 23% respectively. Demand deposits only account for 0.05%.

Analysis on the profit model of Yu 'ebao;

1. Yu 'ebao collects small funds into super-large funds through the Internet, and then obtains a higher deposit yield through agreement deposits, and then returns them to users. Yu 'ebao acts as an intermediary between banks and depositors and benefits from it.

Second, the income of Yu 'ebao business is mainly realized through "parasitism", and it does not have the strength and foundation for value growth. According to statistics from relevant departments, Yu 'ebao cooperates with fund companies, and on average, 90% of its assets are invested in bank deposits or insurance financing. Risk-free premium and excess profit target (mainly commercial banks) are its main characteristics.