1. 15169 On-site funds can receive dividends, which are all in cash and cannot be reinvested.

2. Fund dividend means that the fund distributes part of the income to investors in cash, which is originally a part of the net value of the fund unit. According to the Interim Measures for the Administration of Securities Investment Funds, fund management companies must distribute at least 9% of the net income of funds in cash at least once a year.

3. The market is the stock market, which is also known as the secondary market. Off-market is understood as the stock exchange market, that is, the agency sales of banks and securities companies, and the direct sales of fund companies, that is, the familiar open-end fund sales channels. Closed-end funds and ETF funds can only be purchased on the market (for large investors, ETFs can be purchased in the "primary" market), that is, they can only be purchased in the stock market. Other open-end funds can be purchased off-site, which is a well-known way, among which LOF funds can be purchased on-site.