What is Yu 'ebao?
Yu 'ebao is a balance appreciation service and current fund management service product under Ant Financial. The fund manager is Tian Hong Fund, which is the largest money fund in China and one of the pioneers of Internet money funds. The full name of Yu 'ebao is Tian Hong Yu 'ebao Money Market Fund, and the fund code is 000 198. Since its launch, it has been deeply loved and sought after by the public with its good user experience. Now it has exceeded 1 100 million users, and its volume is very large.
What are the characteristics of Yu 'ebao?
Yu 'ebao is essentially a fund product. It is connected with Tian Hong Fund, and the money fund that invested in Yu 'ebao is the money fund that bought Tian Hong Fund. As for the expected income model of Yu 'ebao, the popular point is to gather the money of many small investors into a super large sum of money, negotiate with the bank to obtain a relatively high expected income, and then feed back the high expected income to users, who can also obtain a relatively high expected income by charging the profit difference.
Yu 'ebao has an access port in Alipay, and it only takes a few clicks to complete the deposit and withdrawal of funds, which is very convenient to operate. Moreover, the money in Yu 'ebao can be used for online shopping, which is very convenient for people who like online consumption. It is often regarded by financial friends as a basic investment and an essential investment.
Editor's note: This is the case with Yu 'ebao. If you want to know more about the knowledge and skills of fund financing, please continue to pay attention to the financial column.