A financial product, Boshi Currency, has appeared on the Alipay platform. It has received widespread attention due to its investment direction including currency funds and high expected return competitiveness.

So what are the differences between Boshi Currency Good and Yu'E Bao?

Let’s take a look today.

1. Different investment directions. Both invest in money funds. Yu'E Bao is a typical pure money fund, and its investment direction is fixed income and cash management products; while MoneyJia not only invests in money funds, but also invests in bond funds;

Neither guarantees that the fund will be profitable, nor does it guarantee a minimum expected return.

2. Different investment methods. Yu'e Bao is a pure money fund. Although there are many types of investment funds, it only invests in the money fund market; while Money Good is a portfolio fund and invests in both money funds and bond funds - 40% of money funds.

and 60% bond funds.

3. Different risks. Their risks are also different. Excluding the operating risks of the fund manager, Currency Fund has greater risks. This is because the addition of bond investment does increase the investment risk compared with currency funds.

However, it still meets the safety needs of investors.

4. Differences in expected return levels. If the risks are different, the expected returns will naturally be different.

MoneyJia invests in the bond fund market to obtain enhanced expected returns. Compared with Yu'E Bao, MoneyJia has greater profit opportunities.

5. There is a difference in liquidity. Yu'e Bao is more flexible and can be used for consumption or transferred to a bank card at any time without any handling fees; while Currency Good offers redemption: Redemption before 15:00 on the trading day, and T+1 will be credited;

If the redemption is made after 15:00 on the trading day, the deposit will be credited on T+2, and the handling fee will only be waived if it is held for more than 30 days.

That’s all the above about the difference between Boshi Currency and Yu’e Bao. I hope it will be helpful to everyone.

Warm reminder, financial management is risky, so investment needs to be cautious.