Three functional advantages compete for Yu 'ebao.
If Yu 'ebao is a large number of customers based on Alipay platform, ICBC, the shareholder of ICBC Credit Suisse Bank Fund, is the most widely used bank with the largest number of customers, and its complete online banking function can be said to show the capital channels and system advantages of ICBC Credit Suisse Bank.
Some people will say that ICBC Credit Suisse, which has a strong shareholder background, will be slightly inferior in the user experience of Internet subscription and redemption? Facts have proved that ICBC Credit Suisse did not ignore the core essence of the Internet-user experience. On the contrary, it has good experience in this respect:
First of all, I experienced the online trading system of ICBC Credit Suisse Bank for many times during the registration process, and there were no problems such as difficulty in jumping pages of small fund companies and unsuccessful bank card binding. The system is stable and fast-ICBC Credit Suisse Bank stands out among the direct selling platforms of many fund companies with its best customer experience.
If we further compare Yu 'ebao, in the registration process, new users need to go through a series of processes such as registering on Taobao, binding Alipay, and setting up fast payment before they can recharge their passwords. ICBC Credit Suisse Bank Direct Selling System can enjoy the function of transferring money to ICBC cash treasure or purchasing funds by entering the transaction password only after the registration is completed.
Secondly, compared with Yu 'ebao, a powerful advantage of fund direct sales channel is that it is suitable for large funds to enter and exit. Alipay fast payment is limited, and the limit of a single payment is generally less than 20,000 yuan. If you want to transfer more funds, you need to transfer money through online banking, which actually brings great inconvenience to large amounts of funds. The fund direct selling platform does not have such strict restrictions. For example, if ICBC "cash treasure" transfers up to 50,000 yuan in a single transaction, the one-day limit of quick redemption can reach 6,543,800 yuan. There is no direct restriction on ordinary redemption.
In addition, in terms of liquidity, ICBC Credit Suisse is quick to redeem, and ICBC card customers have the fastest funds 1 sec. The withdrawal of Yu 'ebao on the mobile phone client can only be received within two hours, and the online withdrawal becomes T+ 1. If you want to receive the account within two hours, you have to pay a handling fee of 0.2% if you want to transfer to Alipay. The lowest is 2 yuan, and the highest is 25 yuan. ICBC (cash treasure) does not need to pay any handling fee.
ICBC cash treasure expects annualized expected rate of return to outperform Yu 'ebao.
In addition to having a good user experience, ICBC Credit Suisse's performance against ICBC "cash treasure" is ahead of the industry. In the past data, in most cases, it is higher than the expected annualized expected income of Yu 'ebao.
ICBC (cash treasure) has always achieved good results, which depends on the strength of the excellent investment team behind ICBC Credit Suisse Bank Currency.
Do you know, ICBC Credit Suisse has invested heavily in the department of increasing annualized expected returns, and built a strong team of increasing annualized expected returns: the investment research team has as many as 28 members, which is relatively large in fund companies, including fund manager and investment manager 12, with an average securities working experience of nearly 9 years, of which 3 have won the Golden Bull Fund, and the leading figures Jiang Mingbo and Du Haitao have won the Asian ASSET twice. In addition, there are 8 researchers and 8 bond traders. Moreover, it is also important that team members have been relatively stable.
For example, Du Haitao, the investment director of ICBC Credit Suisse Bank Fund, once said that a team was formed several years ago to hear the voices of all investors in the bond market. At present, the investment and research team of ICBC Credit Suisse comes from financial institutions such as banks, insurance companies, brokers, registered companies and so on. The rich working experience effectively ensures that ICBC Credit Suisse can understand the trading mentality of various institutions.
Insiders also said that a good money fund has three characteristics: First, it is large in scale, and the money fund applies for redemption frequently every day. The larger the scale, the less vulnerable to redemption pressure, and the more stable the expected annualized expected return; Second, the long-term performance is good, and the stability of the fund's long-term performance is directly related to the expected annualized expected return on investment; Third, the overall strength of the team is strong. In addition to the rich experience of fund managers, money funds also require the team of fund companies to operate smoothly to maintain high liquidity. In this respect, small fund companies are not so full.
As a cash management tool, one of the important "skills" of money fund managers is to predict the daily redemption funds and minimize the impact of capital flow on portfolio operation. Generally speaking, it will be more difficult to manage funds with large asset scale fluctuations, which will also test the investment experience and liquidity management level of fund managers.
From the statistics of the analysis report, it can be seen that from 2007 to 20 12, the average annual size fluctuation of all monetary funds was 16. 1 1, among which the size fluctuation index of ICBC Credit Suisse Bank was 23.3 1, ranking second among all statistical funds. In the same period, the average cumulative net growth rate of all sample funds was 18.92%, of which ICBC was 19.92%, which was slightly higher than the average expected annualized expected return level of similar funds.
Therefore, even though the historical scale of ICBC Monetary Fund fluctuates the most among similar funds and liquidity management is the most difficult, its long-term performance is still higher than the average level of similar funds, which proves to some extent that the fund managers have rich investment experience and strong liquidity management ability.
Having analyzed so much, although ICBC (cash treasure) has many advantages, Yu 'ebao still has many advantages. Investors can choose their own investment tools according to their own needs and priorities.
Introduction reading
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