Yu 'ebao is actually a money fund, no matter which one is good or not. Yu 'ebao is a balance value-added service created by Alipay. When you transfer money to Yu 'ebao, you buy the Yu 'ebao Monetary Fund provided by Tian Hong Fund, and you can get income. The funds in Yu 'ebao can also be used for online shopping payment at any time, which can be flexibly extracted.

Monetary fund is an open-end fund. According to the types of financial products invested by open-end funds, people divide open-end funds into four basic types: stock funds, hybrid funds, bond funds and monetary funds. The first two belong to the capital market, and the latter is the money market. Monetary funds mainly invest in short-term financial products with high security, such as bonds, central bank bills, repurchase, etc. , also known as "quasi-savings products". Their main features are "worry-free principal, convenient demand, regular income, daily income and monthly dividend".