What are the differences? In essence, Yu Libao is similar to Yu'e Bao, except that Yu Libao is aimed at individuals, small and micro enterprises, and small and micro operators. It has the characteristics of low risk and high liquidity. At present, Yu Libao is mainly connected to monetary funds and Ping An Financial Management. So Yu Libao Are currency funds and Ping An Wealth Management the same? What are the differences? We have prepared relevant content for your reference. The money funds that Yu Libao connects with are different from Ping An Wealth Management. Ping An Wealth Management is a wealth management product, while money funds are funds. There is an essential difference between the two, and their investment directions are different. Ping An Wealth Management funds mainly invest in cash assets, money market instruments, money market funds and standardized fixed income assets, as follows: 1. Cash assets: including but not limited to demand deposits, time deposits, agreement deposits, etc. 2. Money market instruments: including but not limited to pledged repurchase, buyout repurchase, exchange agreement repurchase, etc. 3. Money market funds. 4. Standardized fixed-income assets: including but not limited to treasury bonds, central bank bills, interbank certificates of deposit, financial bonds, corporate bonds, corporate bonds, medium-term notes, short-term financing bonds, ultra-short-term financing bonds, directional debt financing instruments (PPN), Asset-backed securities (ABS), asset-backed notes (ABN), standardized notes, etc. Monetary funds mainly invest in the money market, such as: investing in cash, bank deposits with a maturity of less than 1 year (including 1 year), bond repurchases, central bank bills, interbank certificates of deposit, and remaining maturity within 397 days (including 1 year). 397 days) bonds, non-financial corporate debt financing instruments, asset-backed securities, etc. Therefore, there will be differences in the investment direction between Yu Libao's monetary funds and Ping An Financial Management.