Yu 'ebao is a money fund product launched by Alipay. Because Yu 'ebao supports deposit and withdrawal, the investment income is much higher than the bank demand deposit, so it is loved by many users. However, some users will worry that Yu 'ebao has security risks. So is Yu 'ebao product safe?

Yu 'ebao is a monetary fund product. In fact, any investment product has certain risks, just a matter of high and low risks. Therefore, money fund products are low-risk products. Although they can't provide users with the guarantee of capital preservation and interest protection, and the rate of return has been in an unstable state, Yu 'ebao has no negative income at present. Generally speaking, the risk is not great, and it is more suitable for stable investment users to invest.

In addition to the nature of the product itself, Yu 'ebao products belong to Alibaba's products. Users can directly invest in Alipay, and the background is relatively strong, so the risk is relatively small from the platform.

The income of Yu 'ebao is not fixed, so users need to bear the risk of insecure income when purchasing Yu 'ebao. The user's income may be 4% when purchasing Yu 'ebao, but it may become 3% later, so users should be prepared for the decline in income.

Is there any risk after the upgrade of Yu 'ebao?

The main change after and before the upgrade of Yu 'ebao is the change of money fund products. Before the upgrade of Yu 'ebao, the monetary fund we bought was Tian Hong Fund. After the upgrade, users can no longer buy Tian Hong funds, but can buy other monetary funds provided by online merchant banks, such as Cathay Pacific.

Although the corresponding money fund has changed after the upgrade of Yu 'ebao, its essence is still a money fund product, so it is still a financial product with less risk. Moreover, before the upgrade, the risk changes little, so users don't have to worry too much.