This is a cash wealth management product similar to Yu 'ebao launched by Guosen Securities. It is essentially a money fund and is very safe.

The money fund product docked by "Gaoxinbao" is Penghua Tianlibao Money Fund, which does not invest in high-risk varieties such as stocks and gives consideration to safety and profitability. According to the statistics of Wind, as of August 17, 2007, Penghua Tianlibao Monetary Fund achieved 3% and 69% returns in the last year, and the average return rate of the whole market money fund was 321%in the same period; And as of August 17, the average annualized rate of return of Penghua Tianlibao on the 7th of this year reached 4 17%, and the average income per 10,000 copies was 1, 38 yuan.