Alipay is only a consignment agency with fund sales qualifications, so as long as it cooperates with fund companies, the products of fund companies will be presented on Alipay platform, so the funds in Alipay are not all ant funds. Although Ant Fund is the placing fund of Ant Group, it is also managed by five fund companies including E Fund, China Europe Fund, Penghua Fund, Huitianfu Fund and Huaxia Fund.

Therefore, Alipay is only a fund agency, and most of them are OTC funds. OTC funds can be purchased and redeemed at any time. The system will charge a certain subscription redemption fee, management fee, custody fee and sales fee according to the subscription amount and holding time.

Now the third-party fund institutions compete with each other, so there is a discount on the handling fee. Before buying a fund, investors must read the product specifications in detail and fully understand the risks and costs of various products.

Alipay (China) Network Technology Co., Ltd. is a domestic third-party payment platform, which is committed to providing "simple, safe and fast" payment solutions. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.