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What does Yu 'ebao Monetary Fund mean?
Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet.

You can also understand that the following monetary funds are open-end funds that collect idle funds from the society, are operated by fund managers and kept by fund custodians. Different from other types of open-end funds, money market instruments that specialize in investing in low risks have the characteristics of high security, high liquidity, stable income and "quasi-savings".

Tips: The above contents are for reference only. If there is investment demand, Ping An Bank also sells the products of several fund companies. You can log in to Ping An Pocket Bank APP- Finance-Wealth Management-Fund for details and purchase.

Reply time: 2022-0 1-07. Please refer to the latest business changes announced by Ping An Bank in official website.