Four times. The regional funds of the National Fund are distributed in four times, once every quarter, with 25% allocated each time. National funds are investment funds whose funds are mainly invested in specific countries or regions. It is usually a company investment trust fund with a specific repayment period. By issuing beneficiary certificates overseas, the State Fund will hand over the funds raised from overseas to designated investment institutions for centralized investment in stocks and bonds of specific countries, and distribute the proceeds to investors as reinvestment or dividends.