Yu'e Bao is connected to Tianhong Monetary Fund. When you transfer funds to Yu'e Bao, you are actually subscribing for a currency fund. Therefore, the extra money in your account should be currency fund shares, which is your own principal and currency fund.

The income will generally be distributed in the form of fund shares on a daily basis.

Tianhong Yu'ebao Money Market Fund released its first quarter report for 2021.

The report shows that as of the end of the first quarter, Tianhong Yu'e Bao achieved revenue of 5.72 billion yuan, and the total number of fund shares was 972.415 billion, falling below 1 trillion for the first time.

As for the decline in the total number of fund shares, AI Finance found that since its establishment on May 19, 2013, its net return rate has been declining. In the past five years, its net return rate has been 14.77%. In the past three months, its net return rate has been 14.77%.

The return on equity has dropped to 0.54%.

As for the current situation of the decline in the scale of Tianhong Yu'e Bao, Tianhong Fund stated to China Securities Network that the change ratio is within the normal range and will not have an impact on the operation of the fund.

In addition, the 7-day annualized return has also remained at a low level, currently about 2.2%, which is slightly higher than the record low of 1.3% in July 2020, but still higher than the record high of 6.19% in September 2013.

Large gap.