How does Alipay set up a fund dividend method?
Users of 1 need to log on to Alipay's homepage, and then find wealth management on the homepage, and click.
2 After the page jumps, the user needs to click Fund-Holding-Select Fund on the next page, then click the fund to be modified, and click the dividend mode option in the fund interface.
After the page jumps further, the user can follow the steps and then choose the cash dividend method or dividend reinvestment method.
There are two main ways of fund dividend: cash dividend and dividend reinvestment. Investors can modify the dividend distribution method through the funds purchased by Alipay. With cash dividends, investors can use the money to buy other funds. If the dividend is reinvested, it will be used to buy the fund again.
If the market is not good, or the fund is in a downward trend, investors can choose cash dividends to reduce losses. If the market is good, investors can choose to reinvest in dividends and increase their share.
Description of the operating environment of this step
Mobile phone model: iPhone 13
Mobile phone system: iOS 15
APP: AliPay
APP version: 10.2.33.8000