Simply put, the "online loan fund" means that the platform uses its own rating system, selects several platforms through data and audit, and then purchases products from these platforms, and splits, reorganizes and packages these products to form a creditor's rights portfolio. Then, by buying this debt portfolio, investors can indirectly buy high-quality products of various P2P platforms and enjoy the benefits brought by P2P products.

When investors buy online loan funds, they actually spread the funds to thousands of creditor's rights on hundreds of platforms. Its essence is to reduce risks by diversifying investment. The characteristic of this design is that it saves the trouble for investors to choose the target and manage multiple accounts, and the user experience is greatly increased.

In terms of yield, the current "online loan fund" is also relatively objective, generally around 7%~ 15%, which is higher than the average yield of "Bao" wealth management products and basically P2P products.