Yu'e Bao announced that it will be upgraded to two new currency fund products from Bosera, namely "Bosera Cash Income Currency A" and "Central Europe Rolling Currency A" from China Europe Fund Company.
In the future, it will become easier for many Alipay users to grab Yu'E Bao every morning.
Ant Financial said that through the quota measures actively adopted by Tianhong Fund in the early stage, the scale growth of Yu'e Bao Monetary Fund has been controlled to a certain extent.
Now adopting an open multi-party cooperation model can further reduce the pressure of excessive growth in the size of a single currency fund, and even reduce the overall risk of high concentration of a single currency fund.
Extended information: Since its launch in 2013, Yu'E Bao has had more than 400 million users in the past five years and has gradually grown into the world's largest money fund.
However, the rapid growth in scale has also become Celestica’s concern about the “growth” of “eBao”.
Therefore, starting from February 1, Tianhongyu’s “eBao” has set a limit for the total daily subscription amount.
Since the Spring Festival, Yu’e Bao’s subscription channels have been closed earlier and earlier, causing great inconvenience to users.
The entry of new currency funds will end the "half-hour" secondary melee situation every day and bring convenience to users.