There is no tax on fund dividends, and there is a certain handling fee for fund subscription and redemption. Generally, the total of the two is about 2%, which is automatically deducted when purchasing and redeeming, and other expenses have been deducted from the published net value.

Cash dividend: cash dividend is a direct cash dividend, which does not need to pay redemption fee and is tax-free, that is, it is safe to leave the bag; Dividend reinvestment means reinvesting cash dividends in funds, commonly known as "accumulated interest". This can not only avoid the subscription fee for reinvestment, but also enjoy the next dividend of the fund share obtained by reinvestment.

20 points refers to the share dividend tax payment.

Closed-end funds, because the unit price of the fund is often different from the net value of the fund, it is sometimes not feasible to realize the fund income by selling the fund unit. In this case, fund dividends become the only reliable way to realize fund income. Investors should pay more attention to dividends when choosing closed-end funds.