Hello, the income distribution of open-end funds is generally at least once a year, and 90% of the realized income should be used for distribution. There are two ways of income distribution:

(1) distribute cash. That is, cash is distributed to investors, which is the most common form of fund income distribution.

(2) Dividend reinvestment method. That is, investors reinvest their shares in the fund and convert them into corresponding fund shares. In order to encourage investors to reinvest, many funds often charge lower fees or waive subscription rates for dividend reinvestment.

Investors can voluntarily choose the above two distribution methods. You can choose when you open an account, or you can choose by phone or online after you open an account.