At present, there are nearly 30 money funds docked with Yu 'ebao, all of which have the characteristics of low risk, high liquidity and stable income. Investors can choose different docking products when transferring. Because the income of each money fund is different, users can give priority to products with high yield when choosing. But you don't need to change it frequently, because you will lose a few days' income when you confirm the share.
Yu 'ebao is a balance appreciation service and current fund management service product launched by Ant Technology Group Co., Ltd. in June 20 13. Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer and other consumer payments, and is a cash management tool in the era of mobile Internet.
Yu 'ebao service is built into Alipay website by the fund direct selling system of the fund company. The user's funds are actually transferred to Yu 'ebao, and the corresponding funds are managed by the fund company. The income of Yu 'ebao is not only "interest", but the income of users buying money funds. If the user chooses to use the funds in Yu 'ebao for shopping payment, it is equivalent to redeeming the money fund. The whole process is as simple as recharging Alipay, withdrawing cash or paying for shopping.
Before Yu 'ebao came out, many people had no concept of cash management or even financial management. In most people's minds, only a certain amount of money can be saved to manage money. The wealth management products that people have been exposed to before either have certain requirements on the amount of investment, and it is difficult to effectively use small funds; Either you can't use your funds flexibly after investing. However, the balance treasure is different, and scattered funds can also invest in wealth management, which is not affected by deposits and withdrawals. So once it was launched, it was welcomed by everyone.
Yu 'ebao is not only an "artifact" of national financial management, but also constantly enters various consumption scenarios, bringing small and beautiful changes to users. Starting from 20 14, Yu' ebao has successively launched projects such as buying a mobile phone with zero yuan and buying a car with Yu' ebao, so that Yu' ebao users can enjoy special preferential rights and interests, and also see Yu' ebao's imagination in the consumption field. By March of 20 15, Yu' ebao was the first to buy a house, which was a breakthrough in the consumption scene of Yu' ebao and the first time that the real estate industry introduced internet financial tools. At that time, Fangxing Real Estate and Taobao jointly launched the purchase project of Yu 'ebao, and released the source of 1 132 suite, supporting Yu 'ebao to purchase houses in ten major cities in China, such as Beijing, Shanghai and Nanjing. After the buyers pay the down payment through Taobao, the down payment will be frozen in Yu 'ebao. Before the formal delivery of the house or 3 months after the down payment, the balance treasure income generated by the down payment still belongs to the buyer. This means that the goods are delivered first and then paid, and the benefits can be obtained by paying first.