I believe that many small partners are very familiar with Yu 'ebao, and most users who have opened Alipay will also open Yu 'ebao.

Most of us only know that Yu 'ebao will generate income, but how much is the specific income and is the interest rate high?

Let's compare the balance of Tencent Wealth Management+and the balance of Yu 'ebao, and measure which balance of Yu 'ebao and Tencent Wealth Management+is more reliable and which income is higher.

Brand background

Yu 'ebao is a money fund product launched by Ali on 20 13. The monetary funds that Yu 'ebao mainly docks are Tian Hong Fund, Bosera Fund and China Europe Fund.

Take the Tian Hong Fund as an example. The annual report of Tian Hong Fund in 20 18 shows that the operating income of Tian Hong Fund in 18 increased by 6.8% compared with that in 17.

Take Huaxia Fund as an example. The annual report of Huaxia Fund in 20 18 shows that the operating income of Huaxia Fund in 18 is1.4% lower than that in 17. Tencent wealth management balance+based on Tencent. Tencent Wealth Management Balance+The main money fund wealth management products are Huaxia Fund, Yifangda Easy Wealth Management, and Guo Fu Money Wallet Currency.

Direction of capital flow

Where does the capital flow of Yu 'ebao go? According to Ali's public information, there are three main types of capital flows of Yu 'ebao.

1. flows to the short-term financing bill market, with relatively safe funds and quick repayment. Therefore, this investment method is safer.

2. Bond repurchases with a maturity of 1 year (including 1 year) and central bank bills with a maturity of 1 year (including 1 year).

3. Flows to asset-backed securities and medium-term notes, and other money market instruments with good liquidity recognized by China Securities Regulatory Commission.

It seems that Yu 'ebao's funds mainly flow to the investment field of money funds, that is, Yu 'ebao is the flow direction of money funds, so it is relatively safe.

So we know that although Yu 'ebao looks like savings, it is actually a fund investment.

Under normal circumstances, savings funds are mainly used to invest in projects with fixed income, which can generate stable income.

Tencent Wealth Balance+is a demand fund management service product under Tencent. Tencent Wealth Balance+also flows funds to the fund market, and the main investment targets are also short-term financing bills and bond repurchase markets.

To put it simply, whether we choose Yu 'ebao or Tencent Wealth Balance+,all the money we put in goes to the fund market.

It can be seen that the essence of Yu 'ebao and Tencent Wealth Management Balance+are money funds, and the risks are relatively small.

Income comparison

Judging from the annual interest rate in the past year, the income of Yu 'ebao is around 2.5%, and the income of Tencent Wealth Management Balance+is around 2.4%.

That is to say, if you have 654.38+ 10 million yuan, judging from the annual interest rate in the past year, the annual income generated by the existence of Yu 'ebao is around 250 yuan. Probably 240 yuan has the balance of Tencent's wealth management, which can generate income in one year.

It should be noted that the daily yields of Yu 'ebao and Tencent Wealth Balance+fluctuate, but there is little difference.

Therefore, when everyone is considering choosing Yu 'ebao or Tencent Wealth Balance+,the yield is not the main reference factor.

Risk disposal

Because Tencent Wealth Balance+and Yu 'ebao are both money funds, the money flow of the money fund is short-term bonds or short-term government bonds. Although the risk of money fund is small, it also has the risk of principal loss in theory.

In addition, both Yu 'ebao and Tencent Wealth Balance+are Internet wealth management products, so there are still network risks.

However, Alipay accounts have account security insurance. If you are worried that your account will be stolen, you can choose to buy yourself an account security insurance. And if the Yu 'ebao account is stolen, you can contact online customer service to recover it.

Similarly, the balance of Tencent Licaitong+also has account security insurance, 3.66 yuan/year, which is underwritten by PICC P&C insurance, and the maximum compensation can be 6.5438+0 million yuan.