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What kind of fund does Alipay Yu 'ebao belong to, and does Alipay balance belong to the fund?
1. Alipay Yu 'ebao is a money fund with more than 20 money funds under its name. Investors can freely choose the tracking target and switch freely.

2. The Monetary Fund strives to obtain higher returns on the basis of maintaining the stability and high liquidity of the fund assets, and realize the safe and stable returns of the fund.

3. Yu 'ebao is a money fund, but different from other money funds, it is mainly reflected in flexibility.

4. General money funds need to be redeemed manually, and it may take 1-2 working days for the funds to arrive.

5. Yu 'ebao does not need to be redeemed, but it will be redeemed when investors pay or consume, and it does not need to be operated again.

6. In fact, the money after consumption is not redeemed, but paid to investors by Alipay platform. When the redeemed fund arrives, Alipay will transfer it by itself.