Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet. At present, Yu 'ebao is still the largest monetary fund in China.

Tian Hong Fund is a fund product, and Yu 'ebao is a value-added wealth management project jointly launched by Tian Hong Fund and Alipay, or embodied in Alipay platform, which can not only make shopping, but also increase the value of money in the account and earn a little money. It's a good product, but don't treat it as a high-yield financial project.

The cooperation between Tian Hong Fund and Alipay has created a new model. For Alipay customers, there is always some money sleeping there, and money funds can provide lower risks and better liquidity. The monetary funds that Tian Hong cooperates with Alipay can be used for consumption, transfer and other expenses at any time, just like the balance of Alipay. The combination of the two can not only improve the yield of Alipay customers' fund balance, but also bring new business growth points to fund companies.

Extended data:

Tian Hong Fund Management Co., Ltd. was established on June 8, 2004, and it is one of the publicly issued fund management companies approved by China Securities Regulatory Commission. At the end of 2065438+2004, Tian Hong Fund managed 589.8 billion yuan of public assets, ranking first in the industry. 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.

As of June 30th, 20 16, Tian Hong Fund has more than 300 million users, making it the largest company in Public Offering of Fund. In the first half of this year, the asset management scale of Tian Hong Fund in Public Offering of Fund reached 850.5 billion yuan, ranking first in the industry among 108 management companies with issued funds. ?

Tian Hong Fund owns 48 Public Offering of Fund, and its products cover various risk-return products such as partial stock mixed products, partial debt mixed products, bond products, currency products and index products. ?

References:

Baidu encyclopedia-Yu 'ebao and Baidu encyclopedia-Tian Hong Fund Management Co., Ltd.