Redeem for two or three working days before three o'clock, and postpone the holiday for three or four working days after three o'clock. The amount or proportion that the fund promises to pay for investors on a regular basis every year is generally fixed, and can also be adjusted according to market conditions, which is often related to the investment type and expected income of the fund.

The regular payment mechanism is different from the income distribution mode of ordinary funds in the domestic market, and it is not necessary to consider whether the fund has the ability to pay dividends, that is, the fund still has positive distributable income after making up the previous losses, but pays dividends according to a certain agreed proportion according to the net asset value of the fund. In short, the "dividends" obtained by investors may include some fund assets in addition to fund income.

The extended data periodic payment mechanism enables the fund manager to predict the amount of fund assets to be paid regularly and make the fund asset ratio and investment strategy layout in advance. Due to the professional rationality of the regular payment mechanism, the appropriate fund assets are realized through regular payment of funds, which effectively avoids the sharp fluctuations in the capital market in the short term.

Similar to the regular dividend fund, the payment proportion of the regular payment mechanism generally reflects the expected income of the fund, which is convenient for evaluating the performance of a single fund or fund manager. In addition, the empirical analysis of the fund shows that the reasonable payment ratio set by macro-market prospect analysis can bring investors higher actual income than similar funds in the market.

Baidu Encyclopedia-Regular Payment Fund