Yu 'ebao is a service launched by Alipay for individual users to pay by balance. Users only need to transfer funds to Yu 'ebao, and they can purchase corresponding wealth management products from fund companies and other institutions. Yu 'ebao consists of two companies, Alibaba and Tianhong Fund. Tian Hong Fund is a state-owned asset and the largest monetary fund company in China. The security level of Yu 'ebao is basically the same as that of major state-owned banks.

The main purpose of the money fund is to invest in securities with high security and stable income, such as national debt and bank deposits. In 20 12 years, the 7-day annualized rate of return of domestic monetary funds averaged 3.8%.

Generally speaking, money fund, as a kind of fund products, has losses in theory, but from the historical data, the income will be relatively stable and the risk will be minimal, which will not cause great losses.

The income of Yu 'ebao is higher than that of the five-year fixed deposit of the bank. The annualized rate of return in the last seven days is 4. 14%. The income of Yu 'ebao is settled on a daily basis, and you can withdraw money anytime and anywhere, and it will arrive within two hours. Because it is convenient, flexible, fast and safe, it is very popular with people. At present, more than 400 million people in China are using Yu 'ebao to manage their finances. For example, if you save 10,000 yuan, your daily income will be about one yuan and ten cents.