AliPay Bank of China salary wallet currency is a money fund product docked with Alipay Yu 'ebao.

There are two main methods to return the BOC Salary Wallet Monetary Fund. One is to directly replace the BOC Salary Wallet Monetary Fund invested by personal Yu 'ebao with other fund products. Users can go to the Alipay Yu 'ebao page, select the total assets, go to the My Yu 'ebao page and click "Fund Details". Select "View More Products" below. After the page jumps, you can see the information of the products currently held, then select the fund products that need to be replaced, and click "Confirm the replacement".

Secondly, users can choose to directly withdraw the funds from their personal Yu 'ebao account, close the investment in Yu 'ebao, or withdraw their personal funds from the Bank of China Salary Wallet Monetary Fund. There are two types: quick transfer and ordinary transfer. In the case of quick transfer, the daily limit is 1, yuan. In the case of ordinary transfer, the funds will arrive at the account on T+1.

it needs to be reminded that if users return the Alipay Bank of China Pay Wallet Money Fund and invest in other money fund products, it will often cause certain losses to Yu 'ebao's income. Changing the fund investment in the balance treasure will make Yu 'ebao's income have a window period of several days, during which it is impossible to obtain income.

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BOC Salary Wallet Money Market Fund is a monetary fund financing product issued by BOC Fund [1]

Editing and broadcasting of investment objectives

On the basis of effectively controlling investment risks and maintaining high liquidity, we strive to obtain stable returns that exceed the performance benchmark.

Editing and broadcasting of investment scope

The Fund invests in financial instruments permitted by laws, regulations or regulatory authorities, including: cash, notice deposits, bank time deposits within one year (including one year) and large deposit certificates; Bonds with remaining maturity (or resale maturity) within 397 days (inclusive), asset-backed securities with remaining maturity within 397 days (inclusive), and medium-term notes with remaining maturity within 397 days (inclusive); Bond repurchases with a term of less than one year (including one year), central bank bills with a term of less than one year (including one year), short-term financing bills, and other financial instruments allowed by laws and regulations or the China Securities Regulatory Commission to invest in the fund, provided that they comply with the relevant provisions of the China Securities Regulatory Commission.

if laws, regulations or regulatory agencies allow money market funds to invest in other varieties in the future, the fund manager can include them in the investment scope after performing appropriate procedures.

editing and broadcasting of investment strategy

the fund comprehensively considers the profitability, liquidity and risk characteristics of various assets, and strives to obtain a stable return on investment higher than the performance benchmark on the basis of maintaining low risk and good liquidity of the portfolio according to quantitative and qualitative methods.

1. Asset allocation strategy

Based on the market situation and the capacity of investable products, the Fund will comprehensively consider the trend of market funds, the credit qualification of deposit banks, the yield level and liquidity characteristics of various assets to determine the allocation ratio of various assets.

2. Duration control strategy

The Fund determines the average remaining maturity of the portfolio according to the interest rate trend of the macro economy and the short-term capital market. Specifically, when the market interest rate is expected to rise, the average term of investment products should be shortened appropriately to avoid capital loss or obtain higher reinvestment income; When the interest rate is expected to fall, the average term of investment products should be appropriately extended to obtain capital gains or lock in higher returns.

3. Investment strategy of bank time deposits and certificates of deposit

On the basis of inquiry from counterparty banks, the Fund selects banks with higher interest rates for deposit investment, pays attention to the evaluation and selection of counterparty credit risk in the investment process, and determines the investment ratio of bank deposits and certificates of deposit under the premise of strictly controlling risks.

4. Investment strategy of short-term credit bonds

By establishing an "internal credit rating system", the Fund conducts research and screening on all credit varieties publicly issued in the market, such as short-term financing bonds, medium-term notes, corporate bonds, corporate bonds and detachable convertible bonds, and forms an alternative bank for credit bond investment. Combined with the investment and allocation needs of the Fund, through the analysis and comparison of yield to maturity, remaining maturity and liquidity characteristics, appropriate short-term credit varieties are selected for investment.

5. Investment strategy of bond repurchase

Based on the judgment of the trend of funds, the Fund chooses the types and duration of repurchase. When the repo rate is lower than the bond yield, the spread amplification strategy is adopted. The basic mode of this strategy is to repurchase the purchased bonds, and then use the repurchase funds to purchase the bond varieties with higher yield, so as to circulate until the end of the repurchase period to sell the funds incorporated in the bond repayment. During the repurchase amplification operation, the fund manager will strictly abide by the relevant provisions of relevant laws and regulations on the repurchase of bonds. When the repo rate is higher than the bond yield, the Fund will lend money through reverse repurchase to share the investment opportunities with the sharp rise in short-term capital interest rate.

6. Investment strategy of asset-backed securities

The fund manager predicts the future cash flow changes of the asset pool by considering the macroeconomic situation, early repayment rate, default rate, asset pool structure and the prosperity of the industry where the assets of the asset pool are located. Study the issuance terms of the underlying securities, predict the influence of the change of prepayment rate on the average duration and yield curve of the underlying securities, and pay close attention to the influence of liquidity change on the yield curve of the underlying securities. Under the premise of strictly controlling the credit risk exposure, through credit research and liquidity management, select the varieties with higher returns after risk adjustment for investment.

7. Investment strategy of other financial instruments

The Fund will closely follow the movements of commercial bills such as bank acceptance bills and commercial acceptance bills and various derivatives. Once the regulatory authorities allow the Fund to participate in the investment of such financial instruments, the Fund will formulate an investment strategy that is in line with the investment objectives of the Fund within the framework of corresponding laws and regulations at that time, and make prudent investments on the premise of fully considering the risk and return characteristics of the investment products.

editing and broadcasting of the principle of income distribution

1. Each fund share of the Fund enjoys equal distribution rights.

2. The income distribution method of the Fund is dividend reinvestment, and the reinvestment fee is exempted.

3. "Daily distribution and daily payment". According to the daily fund income, the Fund calculates and distributes the daily income for investors based on the realized income per 1, funds, and pays it every day. The calculation of the investor's income distribution on that day shall be kept to two decimal places, and the third decimal place shall be treated according to the principle of truncating, and the balance formed by truncating shall be redistributed until the distribution is finished.

4. according to the daily income, the fund will distribute all the income of the day. if the realized income of the day is greater than zero, it will record the positive income for investors; If the realized income on that day is less than zero, record negative income for investors; If the realized income on that day is equal to zero, the investor will not record the income on that day.

5. when the fund calculates and distributes the income every day, the daily income payment method only adopts dividend reinvestment (that is, dividend is converted into fund share), and investors can get cash income by redeeming the fund share; If the realized income on that day is greater than zero, increase the investor's fund share; If the realized income of the day is equal to zero, the investor's fund share will remain unchanged; The fund manager will take necessary measures to avoid the realized income of the fund being less than zero as far as possible. If the realized income of the day is less than zero, the investor's fund share will be reduced; If the realized income on that day is less than zero, and the fund share holder applies for redemption of the fund share, it will be deducted from the investor's redemption fund according to the proportion of the redemption share to the holding share;

6. The fund shares successfully subscribed on the same day will enjoy the income distribution rights of the fund from the next working day; The fund shares successfully redeemed on the same day will not enjoy the income distribution rights of the fund from the next working day;

7. if laws, regulations or regulatory agencies provide otherwise, such provisions shall prevail.