because it is essentially a fund product.

fixed deposit treasure is a kind of deposit between fixed deposit and current deposit. As a short-term wealth management product, Dingcunbao is mainly aimed at conservative investors who tend to have low-risk preferences, and investors who are not particularly demanding on the liquidity of funds.

unlike time deposits, the interest rate and risk of fixed deposits of rural merchants are higher than time deposits. Dingcunbao is a financial product, which does not guarantee principal and interest, but its income is equivalent to time deposit, and its liquidity is slightly higher.