After the fund pays dividends, the net value will also decrease accordingly. Similar to stock ex-dividend after cash dividend. After the dividend, the total assets have not changed, but only a part of the fund's net value is distributed to investors in cash.
Therefore, in fact, the fund dividend is just equivalent to putting it into the right pocket from the investor's left pocket, and the money is still so much!
For example:
The net value of a fund is 1 yuan, and each dividend is 0. 1 yuan. Investors hold 654.38 million shares, if it is cash dividend;
Before dividends: total assets =/kloc-0 /×10000 =10000 yuan;
After dividends: fund assets = (1-0.1) ×10000 = 9000 yuan, cash assets = 0.1×/0000 yuan, and total assets = 9000 yuan.
Dividend frequency and dividend frequency of funds are mainly related to the following factors: 1, fund type: some types, such as bond funds, generally pay more dividends, up to 4-6 times a year; However, such as index funds, its main function is to track the index, and most of them rarely pay dividends;
2. Dividend rules: For bond funds, the number of dividends stipulated in the fund contract is usually more, up to 6- 12. The main investment targets are bonds. There is a certain cash flow every year, so it is easier to meet the dividend rules. However, other types of funds are hard to meet the dividend requirements because they are greatly influenced by the stock market and have harsh dividend conditions.
3. Performance of the year: The dividend of the fund must be divided into dividends first. If the stock market plummeted and equity funds generally lost money, they would not be able to make profits and pay dividends;
4. Market: Usually, in the rising stage of the stock market, fund managers are more willing to maintain high positions and obtain higher returns for investors, so they will not pay dividends; On the contrary, when it is judged that the stock market is at a high level or may weaken, it will take profits and lock in profits for dividends;
5. Willingness to pay dividends: The income of fund companies is mainly affected by the size of funds. If the cash dividend is more, it will directly lead to the reduction of the fund scale, thus reducing the management fees and other expenses of the fund company. Therefore, the fund manager's willingness to pay dividends also determines whether he is willing to pay dividends;