Fund dividend means that the fund distributes part of its income to fund investors in cash. 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, fund dividends need to meet the following principles:

1. The current income of the fund can only be distributed after making up the previous losses.

2. After the distribution of fund income, the net value of each fund share cannot be lower than the face value.

3. If the fund loses money in the current period, no income distribution will be made. Some funds also stipulate the distribution method of fund income in advance in the prospectus, such as the minimum and maximum distribution times in a year, or dividends when the distributable income reaches a certain standard.

Two. Calculation method of monetary fund income:

The money fund income calculator is determined according to the income of every ten thousand fund shares per day. The specific principle is as follows:

The daily income of the money fund refers to the daily income per ten thousand fund shares.

Net income per 10,000 funds = (net income of the fund on that day/total share of funds sold on that day) × 10/0,000.

Fund income of the day = fund share ÷ 10000× net income per 10,000 funds of the day.

Fund Income of the Day = Fund Income of the Day ÷ Fund Share

Usually, money funds are purchased on T day, and the income is calculated on T+ 1 day; Redemption on t day, and no income will be calculated from T+ 1 day.

The so-called t refers to the date of purchase, especially the date of purchase. Those purchased after 15:00 belong to the next purchase date.