In general, your automatic renewal interest will go to your personal bank card or your electronic account, and you can find it through your balance. "Regular payment" refers to the mechanism that the fund clearly stipulates that the fund will return a certain amount or a certain proportion of net investment assets to customers every year according to a certain agreed time and frequency, so as to provide investors with a stable cash flow.

1. 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.

2. "Dividends" in the form of regular payment will not affect the net value of the fund, but only reduce the number of fund shares held by investors accordingly. The purpose of regular payment fund is to provide regular cash flow without emphasizing capital appreciation.

3. Advantages: Providing regular and stable cash flow Compared with fund dividends, "regular payment" is not limited by the fund's "distributable profit" and "the net value of fund shares cannot be lower than the face value after income distribution", and cash payment is made regularly according to the agreed cash payment ratio. This model provides a brand-new investment choice for investors who want to get cash regularly and pursue long-term capital appreciation. While enjoying capital investment appreciation, it can meet the cash flow needs of daily living expenses such as mortgage, rent, water, electricity and gas.

4. "Cut the peak and fill the valley" to smooth the fluctuation of the fund's net value. Regular payment also plays the role of "cutting peaks and filling valleys", smoothing the fluctuation of fund net value and smoothing the income from high-yield years to low-yield or even negative-yield years. It is not only beneficial to avoid the impact of the stock market crash and the "money shortage" in the money market, but also to realize the safety in the depressed market and enjoy the capital appreciation brought by holding funds for a long time in a good market environment.