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Yu 'ebao is on fire. What exactly is a baby money fund?
Baby money fund is T+0 money fund.

Yu 'ebao has no advantage. Now the 7-day annualized rate is often less than 4%, which is still limited.

At present, money funds with high T+0 are everywhere, and there are also 1 day with 500W, and the annualized rate is not low. 4% is very low.

There are also some money funds that are rewarded, that is, sales staff will reward customers from sales service fees in addition to normal fund income.