A quarterly report released on April 22nd shows that as of March 31st, 217, the net asset value of Yu 'ebao was 1.14 trillion yuan, a sharp increase of 4% compared with .81 trillion yuan on December 31st last year. Tianhong Fund also became the first fund company with a management scale of over one trillion yuan.

Tianhong Fund said, "During the short-term shortage of funds caused by MPA at the end of March, the fund was actively allocated for a long time, forming a benign interaction between the income and scale of (Yu 'ebao)." In the first quarter, the net return rate of Yu 'ebao's share was .8843%, and the benchmark return rate of the same period was .3381%. The annualized rate of return of Yu 'ebao on the 7th was 3.929% on March 31st this year, 3.259% on December 31st last year, and the latest data on April 22nd this year was 3.938%.

according to the asset portfolio of Yu' ebao disclosed in the first quarterly report, bank deposits and settlement reserves are the most allocated, accounting for about 734 billion yuan, accounting for 64.32% of the total assets of the fund; Holding financial assets bought and resold is about 222 billion yuan, accounting for 19.45%; Holding bonds was 183.1 billion yuan, accounting for 16.4%. According to the 216 annual report of Yu 'ebao, there are 325 million fund holders, including 99.72% individual investors and .28% institutional investors.

Looking forward to the investment strategy in the second quarter, Tianhong Fund said that Yu 'ebao will continue to strictly control the portfolio liquidity risk, credit risk and price risk, dynamically adjust the portfolio asset allocation according to the analysis results of big data, and keep the portfolio duration at a slightly lower level in the second quarter as a whole, and continue to seize the opportunity of pulling the long-term band at the end of the quarter.

since its establishment on June 13th, 213, Yu 'ebao has created the myth of Public Offering of Fund industry, and once became a money fund with the highest yield, the largest scale, the largest number of users and the most convenient trading. However, when the central bank lowered its interest rate on a large scale in early 215, the market interest rate gradually declined, and the yield of money market funds including Yu 'ebao gradually declined. Last year, although the scale of Yu 'ebao was still growing, the growth rate slowed down significantly.