(1) Clarify the distribution ratio of fund income, that is, it should be calculated according to the distributable profit at the end of the fund, which refers to the lower of undistributed profit and realized profit in the balance sheet at the end of the fund.
(2) Clarify the dividend payment time. The Guidelines require that the fund contract and fund prospectus must stipulate that the time from the fund dividend distribution date to the income distribution benchmark date (that is, the deadline for calculating the distributable profit at the end of the period) shall not exceed 65,438+05 working days.
(3) Determine the dividend condition as follows: "The net value of fund shares minus the income distribution amount of each fund share on the base date of fund income distribution cannot be lower than the face value". Previously, the fund contract generally stipulated the dividend condition as "after the fund income is distributed, the net value of the fund share cannot be lower than the face value". According to the guidelines, in the future, as long as the fund meets the condition that the net value at the end of the accounting period minus the dividend amount is not less than 1 yuan, even if the daily net dividend value is less than 1 yuan, it still needs to pay dividends.
(4) It is stipulated that the fund contract cannot stipulate such vague clauses as "If there is a net loss in the current period of fund investment, no income distribution will be made". After introducing the concept of "base date of income distribution", the expression of "investment period" in the above terms is not standardized enough. The controversy about the annual income distribution of the fund in 2007 came from this.