Yu 'ebao itself is the monetary fund of Tian Hong Fund Company. The main business of the money fund is to buy bank deposit certificates and agreement deposits. Monetary funds have existed for many years. The normal income is between 4 and 5, and it will reach 6 under special circumstances. Normal daily income. At present, it is relatively safe, and there is no so-called high risk and low risk. It's just that the interest rate will change with the change of the agreed deposit interest rate of the bank!
At present, Alipay, a subsidiary of Alibaba, has submitted an application to the CSRC to acquire 5 1% shares of Tian Hong Fund; Alipay is currently the largest third-party payment platform, operated by Ma Yun! Don't worry!