E-wallet of E Fund is money fund and Yu 'ebao, and other "baby" funds belong to similar products.

The official name is E Fund's daily financial management currency A, and the fund code is (000009).

The risk of money funds is extremely low, almost negligible, and there are gains every day.

And most money funds have opened T+0 real-time redemption. Liquidity far exceeds one-year time deposits.

(But pay attention to the upper limit of real-time redemption. If there is no upper limit for ordinary redemption, it will generally arrive at T+ 1 or t+2. )

The specific upper limit should be consulted with the fund company, subject to the official statement.

The annual income of money funds is generally higher than that of time deposits 1- 1.5%.

According to the current legal interest rate, the annual income of the Monetary Fund this year is about 3.5%.

If I am lucky enough to help you, please accept it in time as a satisfactory answer. Thank you.