When you buy a fund in Alipay, the fund dividend is paid to the balance treasure in Alipay by default. If it is paid to the fund, you may have accidentally modified the dividend distribution method.
The dividend payment method can be modified. Take Alipay v 10.2.3 version of Apple 12 in ios 14 system as an example, and click Alipay >; "wealth" > "fund" > "optional", select and click the fund that you have purchased and will pay dividends, drop it down to the bottom of the page, and click "dividend method" to modify it.
Second, what is the fund dividend?
Fund dividend refers to a way that a fund company distributes a part of the fund income to fund investors in cash, which was originally a part of the net value of the fund unit.
According to the Interim Measures for the Management of Securities Investment Funds, fund management must allocate at least 90% of the net income of the fund in cash at least once a year. The amount and strategy of fund dividends are often implemented according to the provisions of the fund contract.
Three, the classification of fund dividends
There are two main ways of fund dividend, namely cash dividend and dividend reinvestment.
Cash dividend refers to the fund's distribution to investors in cash after realizing the net investment income.
Dividend reinvestment means that when the fund pays dividends, the fund holder directly purchases the fund with the cash obtained from the dividends, and converts the dividends into holding fund units.
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 modify the dividend distribution method at the institution that purchased the fund before date of record.
Four, the conditions of the fund dividend
Fund dividends need to meet the following three conditions:
1, the fund's income in the current year can make up for the losses in the previous year before the income distribution;
2. After the distribution of fund income, the net value of each fund share cannot be lower than the face value;
3. If the fund investment has a net loss in the current period, it cannot be distributed.
At the same time, some funds have agreed in advance on the distribution of fund income in the prospectus, such as the minimum and maximum distribution times in a year, or pay dividends when the distributable income reaches a certain standard.