Yu 'ebao is a balance appreciation service and current fund management service product under Ant Financial. Many Alipay users put their funds into the balance treasure, and then Yu 'ebao invests these funds in the money fund. Money fund refers to the fund whose assets are mainly used to invest in securities such as government bonds, bank deposits, certificates of deposit, bills, etc., and all these methods have benefits, so Yu 'ebao will make money.

Therefore, Yu 'ebao is actually a monetary fund. At this stage, there are more than 2 fund companies whose products are connected, and investors can choose any one of them when purchasing for the first time. If you feel that the income is not high later, you can switch this fund to another money fund.

The difference between Yu 'ebao Monetary Fund and other monetary funds is that ordinary monetary funds need to be redeemed manually, and it may take 1-2 working days for the funds to arrive. Yu 'ebao does not need to be redeemed, and investors represent redemption when they pay or consume.