Cash treasure was launched earlier than Yu 'ebao, and Huitianfu is also a very good fund company, especially other types of funds, whose performance is far better than that of Tianhong Fund.
If cash treasure is understood as "demand", then the 7-day, 14-day short-term wealth management products can be understood as "ultra-short-term time deposit" or "call deposit". The biggest difference with cash treasure and Yu 'ebao is that the term of funds is relatively fixed, so it can't be redeemed at any time, and it can only be redeemed at maturity. In terms of yield, there is not much advantage at present, even worse than cash treasure and Yu 'ebao in some periods. Because the money market yield changes rapidly, it is not necessarily that the yield of short-term wealth management products is higher than that of babies. It depends on the assets they buy and the duration of the varieties they hold.
What is said downstairs is basically correct, but "in theory" does not mean "in practice". Because the income types are not much different or even worse, but the liquidity is not as good as that of babies, these products have not received special attention from the market at present.
—— MoneyDoc
Hope to adopt, thank you.