Balance+is a wealth management product in wealth management. Docked four monetary funds: Huaxia Fufubao Monetary A Fund, Yifangda Easy Financial Management Monetary Fund, Huitianfu Quanbaobao Monetary Fund, and Southern Cash Tong Yifangda Fund.

Yu 'ebao docked with 9 monetary funds: Tian Hong Yu 'ebao Monetary Fund, Central Europe Qian Bao Monetary Fund A, Huaan Rixin Monetary Fund A, Guotai Bao Li Monetary Fund, Boss Cash Income Monetary Fund A, Jing Shun Great Wall Jingyi Monetary Fund A, Guangfa Tian Li Monetary Fund E, Nuoan Tiantianbao Monetary Fund A and Yin Hua Monetary Fund A.

Regardless of the number of money funds, let's see what is the difference between Yu 'ebao+and Yu 'ebao, which is better:

Similar risks: Monetary funds mainly invest in various low-risk financial products such as central bank bills, national debt and financial bonds. Yu 'ebao+and Yu 'ebao in Licaitong are both money funds with low investment risk.

Close income: As of August 20th, among the balance+in Licaitong, the lowest annualized rate of return on the 7th was Huaxia Caifubao Monetary Fund 3. 1590%, and the highest was Huitianfu Quanbaobao Monetary Fund 4.2320%; The 7-day annualized rate of return of Balance Baozhong is 3.522% of Nuoan Tiantianbao A Fund, and the lowest is 3. 186% of Bosera Cash Income Fund A..

But in the long run, the income difference of the money fund is not very big. 7-day annualization is the data obtained by annualizing the income of the past 7 days. Assuming that the income level of the past seven days is maintained in the next year, the income rate of the next year is the same as the annualized rate of the seventh day.

Low investment threshold: Yu 'ebao+and Yu 'ebao have low investment threshold in financial management, so you can buy them at 1 yuan.

Time and limit of redemption: Balance+and Yu 'ebao are both money funds, and the same daily limit of 10000 can be withdrawn quickly. If it exceeds 10000 yuan, it can only be redeemed "generally" and can be redeemed at any time during the service time. Fast redemption will arrive on the same day; Ordinary redemption generally arrives on the trading day of T+ 1

Consumer payment function: Yu 'ebao is better. Yu 'ebao is a balance wealth management account for payment, with powerful payment function, which can support both Taobao shopping transfer and other payments. Yu 'ebao+seems to be interchangeable with bank cards, not as versatile as Yu 'ebao.

Extended information: Licaitong is a platform where Tencent Tenpay cooperates with many financial institutions to provide diversified financial services to users. On the platform of Licaitong, financial institutions, as providers of financial products, are responsible for the structural design and asset operation of financial products, and provide users with services such as account opening, account registration, product purchase, income distribution, product withdrawal and share inquiry. At the same time, in strict accordance with relevant laws and regulations, assets are managed and used in the principles of honesty, credit, prudence and diligence to protect the legitimate rights and interests of users.

Yu 'ebao is a balance appreciation service and current fund management service product under Ant Financial, which was launched on June 20 13. Tian Hong Fund is the fund manager of Yu 'ebao.

Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet. At present, Yu 'ebao is still the largest monetary fund in China.

Reference: Yu 'ebao-Baidu Encyclopedia

Wechat Finance-Baidu Encyclopedia