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Is Alipay Yu 'ebao equivalent to buying a fund?
Yes, Yu 'ebao is connected with the money fund, which is equivalent to investors investing in the money fund. Money funds invest in money market instruments, such as deposits, certificates of deposit, short-term bonds and central bank bills. The risk of money fund is the smallest. Although there is no commitment to capital preservation, there will be almost no loss.

Monetary fund has the characteristics of high liquidity, low risk and stable income, which is suitable for investors with low risk tolerance or high liquidity requirements.