What does baby money fund mean and what is baby money fund? I believe this is what many people want to know.

The success of Yu’e Bao has made many baby money funds extremely popular.

So how do you define a baby currency fund? The editor will explain to you that it is a baby currency fund.

Yu'e Bao is a big hit. What is a baby currency fund?

What is a baby currency fund? A baby currency fund is a type of currency fund and an over-the-counter currency fund.

Yu'e Bao is a typical baby currency fund.

Generally speaking, Baobao Money Fund is a money market fund share sold by fund companies through positive electronic channels such as official website direct sales channels, e-commerce channels, bank channels, and third-party sales agency channels.

The names of this type of monetary funds often contain the word "treasure", such as Yu'E Bao, YiYi Bao, etc.

The relationship between baby money funds and money funds. Money funds are divided into two types: over-the-counter and on-site funds.

More than half of over-the-counter currency funds can achieve T+, but they must be traded on the official website of the fund company.

Baby funds belong to over-the-counter currency funds.

On-exchange currency funds refer to currency funds that can be circulated in the secondary market. Compared with OTC currencies, on-exchange currencies can realize real-time exchange of stocks and funds.

What is a baby currency fund? Do you understand it?

I hope this article can be helpful to everyone.