The dividend of China Merchants Liquor Fund means that China Merchants Liquor Fund distributes a part of the net value of the fund to investors in the form of dividends. Fund dividends will not make investors lose money or gain, but the net value of the fund will decrease after dividends.

Fund dividends are divided into cash dividends and dividend reinvestment. Cash dividends are distributed to investors in cash. Dividend reinvestment means continuing to buy funds from funds, and dividend reinvestment will increase the share of investors.