Yu 'ebao is similar to a money fund and belongs to a low-risk and low-income type. Generally, when investing in long-term deposits, bonds and other related financial instruments, the price of financial instruments will fluctuate, so the daily income will also change, but it is basically around 2%.
Extended data:
Yu 'ebao Default Fund:
Before Yu 'ebao, there was only one Tian Hong fund as the investment target, so the default fund was Tian Hong Fund. However, with the continuous growth of Yu 'ebao, there is no default fund after the upgrade of Yu 'ebao at this stage, because there are more than 20 money funds docked at present, and investors are free to choose one of them when transferring.
After investors choose a money fund, they can also switch to other money funds for investment at will. When switching, the following conditions need to be met:
1. When normal reception is selected, product switching is not allowed.
2. There was no switch or upgrade on that day; Yu 'ebao has no frozen amount.
3. Alipay has uploaded the ID photo.
Yu 'ebao is a monetary fund. Fund assets are mainly used to invest in securities such as government bonds and bank deposits. Users transfer funds to Yu 'ebao, which is equivalent to buying a money fund. The income of Yu 'ebao takes the form of daily settlement, that is, income or bonus will be distributed every day.
Income impact of Yu 'ebao replacement fund:
There are more than 20 money funds under the name of Yu 'ebao, and the yields of these 20 funds are different. If the income of a fund has been relatively high for a certain period of time, it is necessary to replace the low-income fund with a high-income fund. However, investors should grasp the switching time when changing funds, because the switching time will determine the interest loss for several days.
Yu 'ebao takes 3 pm on the trading day as the time node, and the conversion funds at different stages are affected to varying degrees:
1. If you change funds before three o'clock on the trading day, the income of 1 day will be gone, that is, the interest of that day will be gone.
2. If you change funds after 3 pm on the trading day, you will lose two days' income, that is, the income of the two trading days after the loss.
If you change the foundation after 3 pm on Friday, you will lose three days' interest, that is, the interest on Saturday, Sunday and Monday. After the switch, the new foundation confirmed its share on Tuesday, and the proceeds arrived on Wednesday.
Therefore, when investors switch funds, they must grasp the timing of the switch.