Yes, Yu 'ebao is connected with monetary funds, and the investment targets of monetary funds include time deposits. Monetary funds invest in money market instruments, such as deposits, certificates of deposit, short-term bonds, central bank bills, etc. Monetary funds have the least risk among funds, which is characterized by low risk and high liquidity.

In addition to its financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, credit card repayment, etc. It is a good cash management tool.

Yu 'ebao is a balance appreciation service and demand fund management service product under Ant Financial, which was launched in June 213. Tianhong Fund is the fund manager of Yu 'ebao.

Yu 'ebao is docked with Yu 'ebao Monetary Fund under Tianhong Fund, which is characterized by simple operation, low threshold, zero handling fee and ready access. In addition to financial management functions, Yu 'ebao can also be directly used for consumer payment such as shopping, transfer, payment and repayment, and is a cash management tool in the era of mobile Internet. Yu 'ebao is still the largest monetary fund in China.

on may 3, 218, Yu' ebao was newly connected to two money fund products, namely "Bosera Cash Income Currency A" and "China-Europe Qian Bao Currency A" under the China Europe Fund Company.

1 yuan can manage money on a regular basis-Yu 'ebao was born in 213, which is widely regarded as the first year of Internet financial management for Chinese people. At the same time, Yu 'ebao has become the most typical representative of inclusive finance. One year after it was launched, it not only made tens of millions of people who had never been exposed to financial management germinate their financial awareness, but also activated the technology and innovation of the financial industry and promoted the process of market interest rate.

yang chi, a researcher in the development research department of Huaxia bank, said that the emergence of Yu' ebao not only meets the growing demand of residents for asset allocation, but also complements the existing investment products, which not only improves the wealth management income, lowers the threshold of wealth management, but also awakens the public's awareness of wealth management. Wu Xiaoqiu, director of the Institute of Finance and Securities of China Renmin University, said that the core contribution of Yu 'ebao is to establish the wealth of surplus funds and establish the approximate scale of market-oriented interest rates, which is conducive to promoting the process of interest rate marketization.