Lifelong Bao is a money market fund, its main feature is that it can be accessed at any time, and at the same time it provides higher income than bank demand deposits. Living treasures are usually issued by fund companies or internet financial platforms, and investors can deposit their own funds into living treasures, thus obtaining higher returns than bank demand deposits.

Features of a living treasure include:

1. Strong liquidity: the liquidity of the live treasure is good, investors can deposit and withdraw money at any time, and there is no minimum deposit period requirement.

2. Higher income: The income of current treasure is usually higher than that of bank demand deposits, because fund companies or internet financial platforms can invest these funds in short-term money market instruments, such as government bonds, central bank bills and commercial bills. , so as to obtain higher income.

3. Low risk: the risk of the current treasure is low, because the credit risk and liquidity risk of the money market instruments it invests in are low. However, it should be noted that a live treasure is not the same as a bank deposit, and its income and principal are not guaranteed by the deposit insurance system.

4. Convenient operation: subscription and redemption of live treasure can usually be operated online through mobile APP, website or third-party platform, which is convenient and fast.

In a word, Lifelong Bao is a money market fund with high returns and good liquidity, which is suitable for investors who have high liquidity requirements and want to get higher returns than bank demand deposits. However, investors should also pay attention to the risks when investing in active treasure and know the specific terms of related products before investing.