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Is China Bank Yu 'ebao a monetary fund?
The bank's spare cash treasure is the money fund.

Qian Qian Bao is a monetary fund recommended by the Bank of China. It is a low-risk and low-yield investment tool, mainly investing in short-term bonds and money market tools. The main features of the Monetary Fund are as follows:

1. Low risk: The Monetary Fund invests in low-risk financial instruments such as bonds, short-term bills and deposits to maintain the security and liquidity of funds.

2. Short-term investment: The investment period of money funds is usually short, usually from a few days to several months.

3. Stable net value: Monetary funds seek to maintain a fixed unit net value, usually at or near 1 yuan.