Cash dividend is to use cash dividend to let the powder fall into the pockets of investors. Dividend conversion is to reinvest the paid dividends in the fund, that is, to distribute them in the form of fund shares. If you are optimistic about the market outlook, you can choose dividend conversion.
Can the dividend distribution method of bond funds be changed? How to change it?
According to the Measures for the Administration of the Operation of Securities Investment Funds, if the investor does not specify the dividend distribution method, the default income distribution method is cash dividend. Investors can go to the institution where you bought the fund to modify the dividend distribution method before date of record.
The default dividend method of open-end funds is cash dividend, but the basic people can change it independently according to the individual's specific situation and the changes in the fund market.
When changing the dividend distribution method, the consignment customer needs to bring his ID card and securities card to the consignment agency that originally purchased the fund for modification; Direct selling customers can modify themselves through the fund company's website or telephone trading system.