Many people have heard of Yu Libao. What is Yu Libao? Is there any risk in using Yu Libao? Let's get to know it with Xiao Bian today.
What is Yu Libao?
Yu Libao is a cash management product mainly for individuals, small and micro enterprises and small and micro operators. The product itself is yunshangbao monetary fund launched by Tianhong fund, which has the characteristics of low risk and high liquidity. It is jointly built by e-commerce bank and Tianhong fund.
Is Yu Libao at risk?
At present, Yu Li Bao can only invest in Ma Yun's network business bank, and can not be used in Alipay. In general, the launch of Yu Libao provides a flexible and large amount financial management platform for enterprise sellers. It greatly facilitates the anti inflation choice of enterprise seller account balance.
Any investment has certain risks, but Yu Libao investment is a low-risk monetary fund, such as bank deposits, certificates of deposit, treasury bonds, and so on, and so far Yu Libao has not lost. But the monetary fund is not a deposit, we still need to remind you that investment should be cautious.