After the fund pays dividends, the rate of return decreases because investors choose cash dividends, which will reduce the rate of return of investors. Fund dividend is to distribute part of the fund net value to investors, while cash dividend is to distribute cash to investors, which will reduce the investor's rate of return.

It should be noted that fund dividends will not bring actual benefits to investors. Fund dividends can be divided into cash dividends and dividend reinvestment. Cash dividends are distributed to investors, and dividend reinvestment means continuing to buy funds with fund dividends, and dividend reinvestment will increase the share of investors.