Seven-day annualized fund refers to the data obtained after the average income of the fund has been annualized in the past seven days. At present, all money funds show seven-day annualized returns.
Yu 'ebao is a balance appreciation service and current fund management service product under Ant Financial, which was launched on June 20 13. Tian Hong Fund is the fund manager of Yu 'ebao.
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. Yu 'ebao is still the largest monetary fund in China.
2065438+On May 3rd, 2008, Yu 'ebao newly accessed two money fund products, namely "Boss Cash Income Currency A" and "China-Europe Rolling Qian Bao Currency A", which are owned by Boss and China-Europe Fund Company.
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From 1 yuan, you can manage your money regularly-Yu 'ebao was born in 20 13, which is generally regarded as the first year of Internet financial management for China people. At the same time, Yu 'ebao has become the most typical representative of inclusive finance. One year after its launch, it has not only made tens of millions of people who have 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-oriented interest rates. 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 supplements the existing investment products, which not only improves the financial income, lowers the financial threshold, but also awakens the public's financial awareness. Wu Xiaoqiu, director of the Institute of Finance and Securities of Renmin University of China, said that the core contribution of Yu 'ebao is to establish the surplus fund wealth and the approximate scale of market-oriented interest rates, which is conducive to promoting the process of interest rate marketization.
Yu 'ebao is not only an "artifact" of national financial management, but also constantly enters various consumption scenarios, bringing small and beautiful changes to users. Starting from 20 14, Yu' ebao has successively launched projects such as buying a mobile phone with zero yuan and buying a car with Yu' ebao, so that Yu' ebao users can enjoy special preferential rights and interests, and also see Yu' ebao's imagination in the consumption field. By March of 20 15, Yu' ebao was the first to buy a house, which was a breakthrough in the consumption scene of Yu' ebao and the first time that the real estate industry introduced internet financial tools. At that time, Fangxing Real Estate and Taobao jointly launched the purchase project of Yu 'ebao, and released the source of 1 132 suite, supporting Yu 'ebao to purchase houses in ten major cities in China, such as Beijing, Shanghai and Nanjing. After the buyers pay the down payment through Taobao, the down payment will be frozen in Yu 'ebao. Before the formal delivery of the house or 3 months after the down payment, the balance treasure income generated by the down payment still belongs to the buyer. This means that the goods are delivered first and then paid, and the benefits can be obtained by paying first.
It is precisely because of the emergence of Yu 'ebao that the channels for public financial management have been expanded. Under the influence of Yu 'ebao's powerful fund aggregation effect, major banks have launched similar Yu 'ebao products to meet the challenges, such as Ping An Ying of Ping An Bank, Ruyibao of Minsheng Bank, salary pots of CITIC Bank and Xincheng Fund, Xingyebao of Industrial Bank and cashier's wallet. These banks are the monetary funds cooperated by Otawa Bank of Baby Corps and fund companies. However, the emergence of the "Baby" Legion did not affect the status of Yu 'ebao as the largest monetary fund in China. According to the 20 15 annual report issued by Tian Hong fund at the end of March:
The net profit of Yu 'ebao in 20 15 years is 23 1.3 1 100 million yuan. This figure is about 24 billion yuan in 20 14 year and about 179 billion yuan in 20 13 year. By the end of 20 15, 12 and 3 1 period, the net return rate of Yu 'ebao's share was 3.6686%, and the benchmark return rate of the same period was 1.37 1%. Among the top five funds in terms of income, Tian Hong Yu 'ebao ranks first, followed by Guangfa Jufeng, China Post Core Growth, Yifangda Ruihui with flexible allocation and rich balance. It is worth mentioning that although the annual profits of the last four funds all exceeded 7 billion yuan, none of them exceeded10 billion yuan, so the status of Yu 'ebao is far from being shaken. Experts pointed out that the current interest rate marketization reform in China is still progressing steadily. In the long run, the income of Yu 'ebao will gradually return to a more balanced income level of the money fund. The positioning of Yu 'ebao's "cash management tool" has become more and more obvious.