When is the best time to modify the fund dividend?
It's best to modify it before the equity registration date of fund dividends, so that when participating in this dividend, it will be carried out according to the modified dividend method. It is stipulated that dividends will be effective only if investors change the dividend distribution method on the open day before the fund dividend registration date (excluding the equity registration date), and the dividend distribution method recorded by the fund registration center on the equity registration date shall prevail.
1 The default dividend distribution method of the Monetary Fund is dividend reinvestment, which cannot be modified;
2 The dividend method of closed-end funds also defaults to cash dividend, which is not available at present;
3REITs funds only pay cash dividends, see the fund announcement for details;
4 The default dividend distribution method for LOF funds traded on the floor is cash dividend, which cannot be modified;
5 LOF funds that apply for redemption off-site can change the dividend distribution method;
6ETF equity distribution only adopts cash dividend method.
At the same time, the front-end expenses and back-end expenses of different funds under the same fund company need to be modified separately for the front-end and back-end when changing the dividend distribution method, because the modification of the fund dividend distribution method is only effective for the single charging mode of a single fund and a single trading account.
Fund dividends are not extra money for investors, but money from fund income, and the dividend frequency of different funds is different. For details, please check the dividend situation through the fund details page or call the corresponding fund company for telephone consultation.