After the upgrade, two fund products, Bosera Cash Income A under Bosera Fund Company and China Europe Qian Bao Monetary Fund under China Europe Fund Company, were added to provide services.
Time limit: Before the upgrade, the maximum personal holding limit of Yu 'ebao is 6,543,800 yuan, and users need to snap it up at 9: 00 every day.
After the upgrade, the new fund has no time limit or quota, so there is no need to snap up. Users can buy at will according to their own situation.
Product income: Before the upgrade, the current income of Yu 'ebao was 1.0 17 1 yuan, and the annualized interest rate for seven days was 3.8290%.
After the upgrade, the cash income of Boss is 1.03 1 yuan, and the annualized interest rate for seven days is 4.0 190%.
The 10,000-share income of CEIBS Qian Bao Monetary Fund is 1. 1.228 yuan, and the seven-day annualized interest rate is 4.3890%.
Consumer cash withdrawal: The upgraded Yu 'ebao has maintained the functions of online payment, transfer-out cash withdrawal and so on.
From the above comparison, it can be clearly seen that after the upgrade, Yu 'ebao has increased fund products with higher returns to provide services to users. And there is no time limit and quota limit, which keeps the same functions as the original Yu 'ebao, such as consumption payment, transfer-out and cash withdrawal. So this upgrade has actually brought benefits to the majority of users. So it can be said that it is beneficial and harmless.
Of course you want to upgrade, why not!
The upgrade of Yu 'ebao is mainly due to the introduction of two new money funds, namely "Bosera Cash Income Currency A (050003)" and "Central Europe Rolling Qian Bao Currency A(00 12 1 1)", which have many advantages, but as for the disadvantages, they have not been discovered yet!
What are the benefits of upgrading for ordinary users? The upgraded Yu 'ebao can bring at least the following two benefits. According to the data, Tian Hong Yu 'ebao and Central Europe Qian Bao are both ant (Hangzhou) fund sales companies, and the sales service rate is 0.25% (year). Based on 1.68 trillion yuan, the income from sales expenses is 4.2 billion yuan (65.2 billion yuan).
Nothing for nothing. Since I am willing to put my spare money in Yu 'ebao, it is flexible and convenient, and I can still make some gains. Let Ant Financial earn some channel fees, then earn some!
The data comes from the network.
These are just my personal suggestions for your reference! !
Interpret the changes before and after the upgrade of Yu 'ebao in an all-round way to help you decide whether to upgrade.
As we all know, Yu 'ebao supported the wealth management products and services provided by Tianhong Fund, a single monetary fund, from the very beginning. However, due to the crazy growth of domestic users who use Yu 'ebao, the cash deposit is too large. Therefore, this year, in order to avoid the danger of the collapse of a single fund, the central bank supervised Yu 'ebao, which led to the familiar "limited time" snapping up.
Fortunately, Ma Yun's Alipay quickly launched two other fund products in May, namely Bosera Fund and China Europe Fund, and announced that there would be no more quota and time limit, which caused a burst of applause from users. So what changes did Yu 'ebao bring to users before and after the comparison and upgrade?
Upgrading means that you can no longer choose to use the original Tian Hong Fund products. Many users can clearly see that the overall color and style of the interface have changed after the upgrade. Yu 'ebao will provide two product choices, namely Bosera Fund and China Europe Fund, when you first transfer, but Tian Hong Fund is not among them.
According to the official statement, the new Bosera Fund and China Europe Fund are supported by online merchant banks, so there is no time limit and quota for the time being. If the user wants to change the wealth management products, he only needs to change the total assets of Yu 'ebao into 0, and there is no available balance, so the user can choose any one freely.
However, because Tian Hong Yu 'ebao does not support online banking for the time being, it will continue to be limited, and if users complete the upgrade, they can't transfer to Tian Hong Yu 'ebao at present, and there is no "regret medicine" to eat.
After the upgrade, will ordinary users still use the balance treasure function as before? Although the upgraded Yu 'ebao has added two wealth management fund products, all the original functions of Yu 'ebao will remain unchanged. No matter what kind of money fund you choose, you can enjoy normal income, and you can also spend it online, such as Taobao shopping, mobile phone recharge, daily household payment, credit card repayment and so on.
Why do I find that the income of the upgraded new fund products fluctuates greatly? Is it dangerous? I believe many people have found that the new Bosera Fund and China Europe Fund in Yu 'ebao have very high annualized rates in the first seven days. Taking Bosera as an example, the highest rate reached 4.4980%, while compared with the previous Tian Hong Fund, the average highest rate was only about 3.8.
However, users soon saw that Bosera Fund and China Europe Fund had a high annualized rate in the first seven days, but they continued to decline rapidly. As of May 17, Bosera Fund has fallen to 3.9090%. Faced with such huge income fluctuations, many people began to worry about Yu 'ebao. Will this pose a danger to my property?
The answer is of courseno. First of all, we must understand that Yu 'ebao is connected with the money fund, which belongs to equity investment, not bond investment. Equity investment will not generate interest, but there will be dividends, which is often said. Yu 'ebao adopts the form of dividend reinvestment, and the daily income is accrued by amortized cost method.
As two fund products enter Yu 'ebao, a large number of users' funds instantly enter these two money funds, but the new fund has not had time to open positions, but it has to share the income equally, so the previous high income will be shared equally by the new fund, resulting in a decline in annualized rate of return on the 7 th.
With the follow-up control of Yu 'ebao Fund Manager, it is believed that these two new funds will gradually expand their scale like Tian Hong Fund, and the rate of return will not be too high, and gradually tend to be stable.
So finally, in fact, for us ordinary users, the upgrade of Yu 'ebao is completely beneficial, which not only improves the "limited, limited" snapping scene, but also slightly increases some income, without changing our original habits. However, many people must still have deep feelings about the Tian Hong Fund, which has been used for a long time in the past. Unfortunately, it can't be used again.
At present, the upgrade of Yu 'ebao brings many benefits. My suggestion is to upgrade as soon as possible. Of course, in the process of actual experience, I found some bad places.
As shown in the above figure, the reason for the upgrade of Yu 'ebao is that the original sales service of Yu 'ebao Monetary Fund is exclusively provided by Tian Hong Fund. On the premise that the scale of Yu 'ebao is getting larger and larger, in order to ensure the stable operation of Yu 'ebao, the total daily subscription amount is limited to 20,000 yuan, which is sold at 9: 00 every morning, and the total subscription amount per person cannot exceed 6,543.8+10,000 yuan at most, which has caused great inconvenience to the user experience! In order to improve the user experience of Yu 'ebao, upgrading is a natural thing!
First, after the upgrade, the number of fund companies that provide users with sales services of Yu 'ebao Monetary Fund has increased. Before the upgrade, it was exclusively provided by Tian Hong Fund; After the upgrade, Bosera Fund and China Europe Fund were added.
Second, after the upgrade, the number of money fund products docked by Yu 'ebao increased. Before the upgrade, there was only one Tian Hong Yu 'ebao fund for the money fund products docked by Yu 'ebao; After the upgrade, two new currencies were added, namely Qian Bao currency A and Boss cash income currency A.
Third, the upgrade is no longer affected by time constraints. Before the upgrade, the maximum holding amount of Yu 'ebao is 6,543,800 yuan, and the daily subscription amount is 20,000 yuan, which is snapped up at 9: 00 every morning; After the upgrade, when choosing new money fund products for purchase, it will no longer be affected by time constraints.
Fourth, the income will increase after the upgrade. Before the upgrade, the 7-day annualized rate of return of Tian Hong Yu 'ebao Fund docked by Yu 'ebao was stable below 4%, while the 7-day annualized rate of return of the newly-added China Europe Fund and Bosera Fund was above 4.3%. The same amount will be kept for the same time, and the income return after the upgrade will be higher.
At present, I think there is only one thing that is not good after the upgrade. If the user converts the funds in the balance treasure into the newly added China Europe Fund or Bosera Fund, it cannot be transferred back to the original Tian Hong Yu 'ebao Fund, which means the upgrade operation is irreversible!
Overall, the upgrade of Yu 'ebao was very successful. On the premise of ensuring the safety of Yu 'ebao, fundamentally solve the problem of limited time limit! Suggest upgrading. So far, there are no shortcomings.
Of course, if the limited purchase of Yu 'ebao does not affect your use, for example, the money is already in Yu 'ebao and there is no plan to save it again, or you choose other money funds, then you can not upgrade because it has nothing to do with you.
After the upgrade of Yu 'ebao, the main benefit is that the newly added money fund is not limited to buying at 9: 00 am, not limited to the sales quota, and not limited to the purchase quota of 65,438+10,000. However, its function remains unchanged. The former Yu 'ebao can be directly used for consumer transfer payment and credit card red envelopes. Again, these features remain unchanged after the upgrade.
So what's the difference before and after the upgrade? There is no essential difference, but two new money funds have been added, namely Bosera cash income currency A of Bosera Fund Company and Central Europe Qian Bao A of China Europe Fund Company.
In other words, now Yu 'ebao is not only docking with Tian Hong Yu 'ebao money market fund, but also docking with three money funds, just like WeChat's change pass (change pass docking with four money funds). However, no matter how many money funds are docked, due to the need of payment and settlement, users can only choose one after upgrading.
If the user can buy three money funds at the same time, then you can pay a deduction online with Yu 'ebao. From which monetary fund does Yu 'ebao deduct money? What is the basis? You can't deduct another one without money! After all, it is a fund, not the balance of Alipay (reserve fund), and it needs a process of fund redemption. This process has not been completed, and it was advanced by Alipay's reserve fund.
So why should Yu 'ebao access two new funds? Of course, rich water doesn't flow from outsiders! In other words, Yu 'ebao is free of charge, but this "zero charge" statement is just another means of charging.
As shown in the above figure, the Monetary Fund has an additional sales service fee, which is charged annually, but this fee basically does not exist in other funds except the Monetary Fund, and the sales organization can get the corresponding commission (one-time fee) from the subscription rate.
Let's calculate an account first. Based on the scale of168965438+85 million announced by Yu 'ebao in the first quarter of 20 18, the sales service fee will bring in 4.2 billion yuan (168965438+85 million *0.25%) annually.
However, the scale of Tian Hong Yu 'ebao's money market fund is too large, which is not conducive to its own development. At the same time, the outstanding risks are suppressed by the regulatory authorities, so it cannot continue to expand its scale. However, it brings various restrictions, such as restrictions on sales and purchases, and also brings a very poor experience to users, so users may quit Yu 'ebao and buy other money funds.
Then, since people are so keen on Yu 'ebao, why doesn't Ant Financial make money? So we see two new money funds, thus diverting the previous money funds.
Since it is only diversion, it does not affect the use function, and the risk types of money funds are consistent and belong to low risk, why not upgrade? Even after the promotion, you can still buy Tian Hong Yu 'ebao Money Market Fund, which is still limited to sales and purchases.
Yu 'ebao is the first choice for many small partners to manage their finances, which is safe and profitable.
Even Mr. Hugging Cat couldn't resist saving some pocket money ~ ~ ~
A few days ago, Alipay announced the upgrade of Yu 'ebao and returned to its partners.
What has Alipay Yu 'ebao upgraded?
What's the difference after the upgrade?
Let's have a look.
Alipay Yubao upgrade content introduction:
From May 4th, users can see the upgrade entrance in Yu 'ebao.
The return of Yu 'ebao has two innovative highlights.
The first is to break the daily "limited time limit" of Yu 'ebao. The second is to increase two fund companies, Bosera Fund and China Europe Fund, to provide services for users. 3. Before the product income upgrade, the current income of Yu 'ebao was 1.0 17 1 yuan, and the annualized interest rate for seven days was 3.8290%.
After the upgrade, the cash income of Boss is 1.03 1 yuan, and the annualized interest rate for seven days is 4.0 190%.
Author: hug Elvis Presley
Produced by: Understand the wealth emperor.
According to the announcement of Alipay's official blog on the evening of May 3, from May 4, 20 18, the upgrade authority was officially opened to some users. Personally, I suggest that anyone who receives the upgrade prompt can choose to upgrade. For the time being, it won't do any harm.
Benefits of upgrade: 1, unlimited purchase: I believe many people have found it increasingly difficult to buy Yu 'ebao since last year, and now they are working hard at 9: 00 every day from the purchase restriction to the limit. This is because the scale of Tian Hong Fund is too large and the risk factors are increasing. After this upgrade, Bosera and CEIBS, two newly introduced funds, will not be restricted or restricted for the time being, which greatly facilitates everyone's purchase.
2. Increase in yield: Correspondingly, we found that the yield of Tian Hong Fund's Yu 'ebao has been declining in recent years, from nearly 7% at the beginning to below 4% at present; The two new funds launched this time, the current rate of return is around 4.4%, calculated at 6,543,800 yuan, and the annual income difference is around 50 yuan. Although it is not high, it is still money. Why not upgrade it?
Disadvantages to be honest, there is nothing wrong with not being able to switch to other funds at any time like the exchange. How to put it? One thing is that Tian Hong Fund is a fund company controlled by Alibaba Group itself, and the two newly introduced funds in this upgrade are non-Ali enterprises, both of which are sold by online merchant banks. However, the two funds are among the best in domestic fund companies in terms of shareholder background, past operation and comprehensive strength, so there is no need to worry about their safety. We should trust Ali's vision. Their choice is definitely not decided by lottery, but the result of comprehensive consideration.
Summary: Don't hesitate, if you receive an upgrade prompt, then upgrade! Nothing!
Choosing whether to upgrade depends on two factors: first, whether to be officially invited to upgrade the experience service; The second is whether you personally have the financial will to buy funds. As for the pros and cons of upgrading? There is no harm at present, and use is everyone's right!
According to the official news of Alipay, users who have an upgrade entrance in Yu 'ebao can upgrade their experience service from 0: 00 on May 4th. Because this upgrade is only a pilot experience for a small number of users, that is to say, most Yu 'ebao users have no entrance to upgrade for the time being! Of course, the purpose of doing this is also to experience the smooth upgrade of services. As long as the pilot is successful, it will soon be gradually expanded to all users. Users who want to upgrade their experience don't worry!
Yu 'ebao has long been managed and sold by Tian Hong Fund Management Company. Due to its large scale and the influence of regulatory policies, Tian Hong Fund Management Company began to adjust the service rules of Yu 'ebao on February 1. That is, set the total daily purchase amount until the purchase is completed.
Since then, Yu 'ebao has entered the era of snapping up! It has brought inconvenience to users who have used Yu 'ebao for a long time. With no hope of lifting the purchase restriction, Ant Financial started a business model and introduced two large fund companies, Bosera Fund and China Europe Fund, to provide services to users together with Tian Hong Fund.
This upgrade is a reshaping of Ant Financial's service concept in inclusive finance. The addition of two monetary funds is temporarily unlimited, and there is no limit. In addition, the original function of Yu 'ebao remains unchanged. This is equivalent to ending the era of snapping up Yu' ebao! From then on, Yu 'ebao can be used at any time. This is the convenience of wealth management products. At the same time, the recent annualized returns of two new money funds (Bosera Cash Income Currency A and Central Europe Qian Bao Currency A) are about 4.44%. This is a little higher than the annualized rate of return of Yu 'ebao's 3.88%. Although the yield of the money fund fluctuates frequently, at least there is no precedent for the loss of principal.
In an era when we generally lack wealth management products, Yu 'ebao can be said to have opened a new era of wealth management for all! Many users have deep feelings for Yu 'ebao! Now Yu 'ebao has upgraded its experience. I believe that as long as people have financial needs, they will not hesitate to choose to upgrade their experience services. In addition, the promotion is not entirely up to you, but also depends on whether there is an invitation for official experience services.
Financial management means that it is best to have convenient services in the long-term stable income. Now, Yu 'ebao has fully satisfied the two positive factors of financial management by docking three funds. Convenient and profitable!
Of course, Yu 'ebao will be upgraded. The best advantage after the upgrade is that you can choose the fund you need now. Compared with before, the use effect has not changed, and there is no harm.
The benefits mainly include:
1. Now you can transfer to the new Yu 'ebao new fund indefinitely. Before the upgrade, the maximum personal holding limit of Yu 'ebao was 654.38+10,000 yuan, and users need to start snapping up the balance of Yu 'ebao at 9: 00 every day. Therefore, the updated Yu 'ebao has greatly facilitated everyone.
2. At present, the interest rates of the two emerging funds are higher than those of the Tian Hong Fund in the previous period, so the yield is even higher than that in the previous period.
When you are not satisfied with the current fund, you can change the fund to ensure the income. When you change funds, you just need to transfer all the money and then you can choose the money fund you need.
According to the announcement of Alipay, the upgrade will be started on May 4th, and two new funds, Bosera cash income currency A or Central Europe Qian Bao currency A, will be connected. In order to ensure the smooth progress of the upgrade, a pilot project will be carried out among a small number of users, and it will soon be gradually expanded to all users.
Do the majority of Alipay users need to upgrade? What are the advantages and disadvantages of the upgrade?
Personally, if an upgrade interface is found, it should be upgraded as soon as possible.
What are the benefits after the upgrade? 1. Buy two newly connected new funds, unlimited times, and restore the convenience of Alipay's original fund deposit. 2. The two new funds are small in scale and the income will be higher. 3. One fund is changed into three funds, which changes the situation that the funds grow too fast and makes the operation more stable and safe.
As for the harm, I think it is that too little money, others deposit millions or tens of millions, gain income and hurt self-esteem