As a late show, Internet baby wealth management products are essentially variants of money fund purchase channels. The biggest difference between the two is the change of purchase channels. In addition, there are other differences between buying baby products through the Internet and buying money funds directly through fund companies.

1, the subscription procedure is complicated.

Compared with the necessary user information such as ID card and bank account in the fund sales process, Yu 'ebao's account opening process is very convenient and quick, and Alipay will automatically provide the user information to Tian Hong Fund. The user has not opened an account with Tian Hong Fund, and the service of Tian Hong Fund to Yu 'ebao customers is mainly realized through Ali Want Want.

2. Subscription and redemption speed

Alipay borrows the direct selling license of the fund company to provide its customers with the service of purchasing the fund and enjoying the expected annualized rate of return of the fund. In addition, although the general money fund can also realize T+0 redemption, it must wait until the closing date of liquidation before the funds can arrive. Alipay uses its own credit intermediary function to enable customers to make real-time consumption in Yu 'ebao account and transfer money to Alipay account, which is a service that ordinary money funds cannot provide.

3. Flexibility in the use of funds

The flexibility of the coexistence of consumption and saving functions of Yu 'ebao's wealth management funds is beyond the reach of other monetary fund accounts. Special monetary fund accounts can only be used for investors' capital investment. Investors can only redeem the money before spending it if they want to take it out.