According to Article 36 of the Measures for the Administration of the Operation of Securities Investment Funds, the default way of fund dividend is cash dividend. Generally speaking; Total share of funds sold on that day) × 10000 Fund income on that day = Fund share ÷ 10000× Net income per 10,000 funds on that day = Fund income on that day ÷ Fund share Under normal circumstances, money funds are subscribed on T-day, and if the fund suffers losses in the current period, no income distribution will be made.

T refers to the subscription date, especially the subscription date. If the subscription is made after 15:00, or dividends are paid when the distributable income reaches a certain standard, the income will be calculated at T+ 1 and redeemed on t day. ..

The specific principles are as follows: the daily income of the monetary fund refers to the income per 1 10,000 fund shares per day, and the net value of each fund share after fund income distribution cannot be lower than the face value. Some funds also stipulate the distribution of fund income in advance in the prospectus, such as the minimum in one year, the currency of the monetary fund income calculation method, and the fund income calculator determines the income per 10,000 fund shares per day. The fund dividend means that the fund distributes part of the income to fund investors in cash.

Extended data:

Fund subscription

Fund subscription: refers to the process of investors buying fund shares during the raising period of open-end funds and before the establishment of funds.

Raising period: usually, after the new fund is issued, it will be entrusted to bank counters, securities companies and third-party companies to raise funds. There will be certain restrictions on the number of subscription shares of the fund. If the number of shares is reached in advance, the fund raising period can be ended in advance. If the scale of raising does not reach the scale stated in the pre-announcement, the raising period may be extended or the fund cannot be established. The fund-raising period is generally 1~3 months. If the fund is raised successfully, the fund will be formally established.

Open period: after the fund is formally established, it will enter a closed and open period for a period of time, usually 3-6 months. During this period, the fund manager team will open positions, and the fund cannot subscribe, purchase or redeem. The fund company will announce the net value of the fund once a week.

Fund subscription

Fund subscription: refers to the behavior of investors opening fund accounts in fund management companies or selected fund consignment agencies and applying for purchasing fund shares in accordance with the prescribed procedures.

Open period of funds: after the closed and open period of funds is over, it enters the open period, that is, the period of normal operation of funds. During this period, funds can purchase and redeem every day.

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