The daily income of 10,000 pieces of Yu'e Bao is different, and only an approximate value can be calculated.
Taking China-Europe Currency A as an example, the daily income of 10,000 units announced by the fund company is about 0.7 yuan, 0.7 yuan * 30 days = 21 yuan, so the monthly income of Yu'e Bao's 10,000 yuan is about 21 yuan.
The calculation formula of Yu'e Bao's income is: income = (confirmed amount/10000) × 10,000 income of the day; after the user transfers the money and generates income, it will be distributed on time every day.
The income generated by Yu'e Bao can continue to be enjoyed, and Yu'e Bao financial management is equivalent to a kind of compound interest.
Extended information: Yu'E Bao is connected to Yu'E Bao Monetary Fund under Tianhong Fund, which is characterized by easy operation, low threshold, zero handling fee, and can be withdrawn and used at any time.
In addition to financial management functions, Yu'e Bao can also be used directly for shopping, transfers, bill payments and other consumer payments. It is a cash management tool in the mobile Internet era.
At present, Yu'e Bao is still the largest monetary fund in China.
On May 3, 2018, Yu'e Bao newly added two currency fund products, "Bosera Cash Income Currency A" and "China Europe Gunqianbao Currency A", both owned by Bosera and China Europe Fund Company.