Fund dividend means that the fund distributes part of the income to fund investors in cash, which is originally a part of the net value of the fund unit. Therefore, investors actually get the assets on their books, which is why the net value of fund shares fell on the day of dividends (ex-dividend date).

Fund split is to split the original fund share with a net value greater than 1 into multiple shares in units of 1. For a simple example, if I hold 10000 funds, each with a net value of 1.6 yuan, then according to the split plan of this fund company, my fund share will become 16000, and the net value of the fund will be adjusted to 1 yuan.

The same characteristics of fund splitting and large-scale dividends are: by reducing the net value of fund shares, investors can buy fund shares at a lower price and promote fund share sales; The difference between the two methods is that fund share splitting can accurately adjust the net value of fund share to 1 yuan, while large dividends can not accurately adjust the net value of fund share to 1 yuan, but only to 1 yuan.

Difference: a large part of the dividends paid by the fund need to be sold in the secondary market, converted into realizable income, and then distributed to fund holders. After dividends, the total assets of the fund will be reduced accordingly. Under certain circumstances, if fund groups collectively sell stocks, it will often cause obvious pressure on the secondary market, leading to violent market shocks. However, the above-mentioned "cash-out" problem does not exist in the process of fund split, and the total assets before and after the split will not change.

I hope I can solve your question!