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How does Yu 'ebao beat Rainbow Fund?
1, Yu 'ebao is a balance appreciation service launched by Alipay. You can get some income by transferring money to Yu 'ebao. In fact, you bought a money fund called Yu 'ebao provided by Tian Hong Fund.

2. Full name of Yu 'ebao Money Fund: Tian Hong Yu 'ebao Money Market Fund, a money fund issued by Tian Hong Fund Management Co., Ltd., with fund code 000 198.

3. Tian Hong Fund is the only sales organization of Yu 'ebao Monetary Fund, and Alipay is the only direct selling platform. Users transfer funds to Yu 'ebao, that is, buy Yu 'ebao Monetary Fund and enjoy the investment income of the Monetary Fund.

4. Making money from Yu 'ebao is actually a kind of income similar to interest. The amount of income is approximately equal to the principal multiplied by the annual interest rate divided by 365.