Chao Chaoying's profit of 100,000 a day is the 100,000 profit value announced by Chao Chaoying on that day.
This value is floating, so the daily income value of 10,000 yuan is also different. I think it should be around ten yuan.
Chao Chaoying is a flexible product used to manage personal idle funds. From the perspective of asset allocation, the investment limit is generally 50,000 yuan per person.
Chao Chaoying is connected to China Merchants Fund Company’s Zhaoqianbao Money Fund Class B (original name: Zhaocaibao Money Fund Class B, code: 000607). Therefore, according to the characteristics of money funds, the rate of return is not a fixed value and may fluctuate to a certain extent every day.
You can log in to mobile banking at any time to check the income status of "Chaochaoying".
Chao Chaoying is an open-end currency fund, which is different from other types of open-end funds. It has high security, high liquidity, stable profitability, and the characteristics of "quasi-savings".
Due to the emergence of digital currency, a new type of currency fund has emerged in the field of currency funds—virtual currency funds.
Monetary fund assets mainly invest in short-term monetary instruments (generally with a maturity of less than one year, with an average maturity of 120 days), such as treasury bonds, central bank bills, commercial bills, bank certificates of deposit, short-term government bonds, corporate bonds (with higher credit ratings), and interbank bonds.
Deposits and other short-term securities.