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What's the difference between Alipay's money fund and Yu 'ebao? There are differences in flexibility.
As we all know, the essence of Yu 'ebao is to invest in monetary funds, whether it is the Tian Hong Monetary Fund before the upgrade or a variety of monetary funds after the upgrade, and the Ant Fund on Alipay platform sells a variety of monetary funds at the same time. What is the difference between the monetary funds sold by Ant Fund and Yu 'ebao? Let's take a look today.

What is the difference between the money fund sold by Ant Fund and Yu 'ebao?

1, both of which belong to monetary funds, are mainly used to invest in securities such as government bonds and bank deposits. When investors buy money market funds, it does not mean that they will deposit the funds as deposits in banks or deposit-taking financial institutions. The fund company does not guarantee a certain profit or minimum expected return of the fund.

2. The issuers of the money funds sold by Ant Fund and Yu 'ebao overlap, and now you can also invest in some money funds through Yu 'ebao.

Which is better, the money fund sold by Ant Fund or Yu 'ebao?

1, Yu 'ebao is more flexible and can be used for consumption or transferred to a bank card at any time. After the money fund sold by Ant Fund is redeemed, the funds will return to Yu 'ebao or bank card on T+ 1 day.

2. The selectivity and expected return of money funds sold by Ant Fund will be higher, but with the continuous development and upgrading of Yu 'ebao, there are now more than 20 money funds to choose from, and the expected return is higher. In this way, the advantage of the money fund sold by the ant fund is not particularly obvious.

What is the difference between the money fund sold by Ant Fund and Yu 'ebao? I hope it helps you. Warm reminder, financial management is risky and investment needs to be cautious.