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If you deposit 100,000 in Yu'e Bao, how much income will be generated every day?

Alipay's Yu'e Bao currently has a 7-day annualized interest rate of 2.5760%, so 100,000 yuan a year has 100,000 × 2.5760% = 2,576 yuan in interest, which averages to 2,576 ÷ 365 = 7.0575 yuan per day. In other words, 100,000 yuan is stored in Yu'e Bao, and one day's interest is

There is 7 yuan in interest.

Ebao is a balance value-added service and current fund management service product of Ant Financial, which was launched in June 2013.

Tianhong Fund is the fund manager of Yu’e Bao.

Yu'E Bao is connected to Yu'E Bao Monetary Fund under Tianhong Fund, which is characterized by easy operation, low threshold, zero handling fee, and can be withdrawn and used at any time.

In addition to financial management functions, Yu'e Bao can also be used directly for shopping, transfers, bill payments and other consumer payments. It is a cash management tool in the mobile Internet era.

At present, Yu'e Bao is still the largest monetary fund in China.

On May 3, 2018, Yu'e Bao newly added two currency fund products, "Bosera Cash Income Currency A" and "China Europe Gunqianbao Currency A", both owned by Bosera and China Europe Fund Company.

Yu’ebao’s net profit in 2015 was 23.131 billion yuan.

This figure was approximately 24 billion yuan in 2014 and approximately 17.9 billion yuan in 2013.

As of December 31, 2015, Yu'e Bao's share net return rate was 3.6686%, and the benchmark return rate for the same period was 1.3781%.

Among the top five funds currently ranking in profit, Tianhong Yu'e Bao ranks first, followed by GF Jufeng, China Post Core Growth, E Fund Ruihui Flexible Allocation Mix, and Tianfu Balance.