Yu 'ebao consists of Alibaba, Tian Hong Fund and Inner Mongolia Zheng Jun. Tian Hong Fund is a state-owned asset and the largest monetary fund company in China. The security level of Yu 'ebao is equivalent to that of major state-owned banks, and Yu 'ebao belongs to the monetary fund. ?

Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet. At present, Yu 'ebao is still the largest monetary fund in China.

2065438+On May 3rd, 2008, Yu 'ebao newly accessed two money fund products, namely "Boss Cash Income Currency A" and "China-Europe Rolling Qian Bao Currency A", which are owned by Boss and China-Europe Fund Company.

Extended data:

Calculation method of Yu 'ebao's income: seven-day total income/10000 (based on ten thousand yuan) * seven-day annualized rate of return per ten thousand copies = income (income/day).

For example, 200 yuan/10000*2.056% (every 10,000 income announced by the fund company on the same day) =0.009 yuan (income of the day).

Calculation rules of Yu 'ebao's income:

One: You must have an Alipay (or Yu 'ebao) account. Transfer the deposit in Alipay to Yu 'ebao.

II: After the funds are transferred to Yu 'ebao before the day 15, the fund company needs to confirm it for one day (not on weekends and national holidays).

Third, the fund company is divided by Yu 'ebao internally, which mainly collects the funds of all users of Yu 'ebao and then makes investments.

Four: Every 10,000 income per day shall be announced by the fund company. Its origin is that the fund company invests in your principal, and then the income of the day accounts for the proportion of the principal. For example, if the investment is 10000 yuan and the income is 100 yuan, then the rate of return is1%(100/000 =1%).

References:

Baidu encyclopedia-Yu' ebao