Yu'e Bao is a currency fund, and Wealth Management is a platform for financial management tools. You can purchase multiple types of funds on Wealth Management, such as bond funds and currency funds.

What is the difference between bond funds and currency funds? Bond funds and currency funds are the types of funds that investors pay more attention to because they have low risks and stable returns.

Among bond funds and currency funds, the investment direction of bond funds is the bond market, such as treasury bonds, corporate bonds, corporate bonds, etc.; the investment direction of currency funds is the money market, such as central bank bills, commercial papers, etc.

Currency fund is an open-end fund.

In addition, bond funds invest in a portfolio of bonds of different types and maturity structures, which has more advantages than a single bond.

Monetary funds have no interest tax and can be redeemed at any time.