1. What is the relationship between the net value of a fund unit, the net income of a unit, and the net distributable income of a unit? 2. What is the basis for fund dividends? Does the state have any rigid regulations on fund dividends? The above questions

, I would be very grateful if I was given a lesson.

Jiangsu Reader Mr. Kan Mr. Kan: 1. According to the latest regulations, the terms of fund unit net value, unit net income, and unit distributable net income have been changed to fund unit net value, unit net income, and unit distributable net income.

The net value of fund shares is equal to the total net value of fund assets divided by the total fund shares, reflecting the actual value represented by each fund unit of an investment fund at a certain point in time, which is equivalent to the price of fund units.

Net income per share refers to the fund's realized income during a certain period divided by the weighted average fund shares during that period.

Distributable net income per share refers to the fund's distributable income during a certain period divided by the weighted average fund shares during that period.

The main difference from net income per unit is that this indicator excludes distributed income.

The detailed formulas of the above indicators can be found on the website of the China Securities Regulatory Commission in the "Securities Investment Fund Information Disclosure and Preparation Rules--No. 1 "Calculation and Disclosure of Major Financial Indicators"".

2. The basis for fund dividends is: 1. Fund income is distributed in cash. Holders can choose the cash dividend method or automatically convert cash dividends into fund shares based on the net asset value of fund shares on the day before the dividend is distributed for dividend reinvestment.

(hereinafter referred to as "dividend reinvestment"), based on the last method selected by the fund holder before the dividend registration date. The default method for fund holders to choose dividends is cash dividends; 2. The same fund share enjoys equal distribution

3. After the fund income is distributed, the net asset value of the fund share cannot be lower than the face value; 4. If the fund investment suffers a loss during the current period, the fund will not distribute income; 5. Under the premise of meeting the relevant fund dividend conditions, the fund income distribution shall be at least

Once the establishment is less than 3 months in the current year, the income may not be distributed; the annual distribution shall be completed within 4 months after the end of the foundation accounting year.

In addition, the state stipulates that the fund contract of an open-end fund should stipulate the maximum number of fund income distributions per year and the minimum proportion of fund income distribution.