Equity registration means that after you hold the fund, you are the investment beneficiary of the fund. If you want to pay dividends, you will make an equity registration. But now you don't need to do it yourself. The fund company will do it automatically. It's just a symbolic announcement. If you want to attend the holders' meeting, you have to do it.

Dividend: When the fund uses your money to invest in stocks and other securities and gains, if it wants to distribute it to you, it is dividend. There are two kinds: one is cash dividend and the other is dividend reinvestment.

Split: After 1 yuan Fund rose to 2 yuan, because people in China were afraid of heights, the fund company decided to split the fund, and one fund in 2 yuan became two funds in 1 yuan, so everyone was willing to buy it, because the net value of the fund was reduced to 1 yuan.

unit net value: the value of one fund.

cumulative net value: since the fund has dividends, it will be distributed to .5 yuan after it rises to 1.5 yuan, and then the unit net value will return to 1 yuan. But the cumulative net value is to take dividends into account, and the cumulative net value is 1.5 yuan.

closed period: when the fund is just established, it takes some time to buy stocks with your money, which is called opening positions. The subscription will not be opened during this period. Generally, the closure period is from 1 month to 3 months. After the subscription is opened, some funds will suspend the subscription because they are worried that the scale will affect their performance.