There are two main ways of fund dividend: one is cash dividend, and the other is dividend reinvestment.
According to the Measures for the Administration of the Operation of Securities Investment Funds, if the investor does not specify the dividend distribution method, the default income distribution method is cash dividend. Investors can go to the institution where you bought the fund to modify the dividend distribution method before date of record.
For example, if you hold 6,543,800+shares of a fund, each fund share will receive a dividend of 0.05 yuan: if you choose the cash dividend method, then the basic people will receive a cash dividend of 0.5 million yuan; Assuming that dividends are reinvested, the net value of fund shares on the benchmark date of dividends is 1.25 yuan.
Then, the citizen can be divided into 5,000 yuan1.25 yuan/share = 4,000 fund shares, and the fund share becomes104,000. As the total assets of the fund decreased due to dividends, the net value of the fund decreased after dividends.
The default dividend method of open-end funds is cash dividend, but the basic people can change it independently according to the individual's specific situation and the changes in the fund market.
When changing the dividend distribution method, the consignment customer needs to bring his ID card and securities card to the consignment agency that originally purchased the fund for modification; Direct selling customers can modify themselves through the fund company's website or telephone trading system.
Extended data:
According to the Interim Measures for the Administration of Securities Investment Funds:
Twenty-seventh in any of the following circumstances, the fund manager must be approved by the China Securities Regulatory Commission to retire:
(1) The fund manager is dissolved, revoked or bankrupt according to law, or its assets are taken over by the receiver;
(2) The fund custodian has every reason to believe that it is in the interest of the fund holder to replace the fund manager;
(3) The fund holder representing more than 50% of the fund shares requests the fund manager to resign;
(4) The China Securities Regulatory Commission has every reason to believe that fund managers cannot continue to perform their fund management duties.
Twenty-eighth new fund managers should be approved by the China Securities Regulatory Commission; After approval, the former fund manager can retire. If the fund managed by the original fund manager is not undertaken by the new fund manager, the fund shall be terminated.
Chapter IV Rights and Obligations of Fund Holders
Article 29 Fund holders shall enjoy the following rights:
(1) Attending or appointing representatives to attend the fund holders' meeting;
(2) Obtaining fund income;
(three) to supervise the operation of the fund and obtain information on the business and financial situation of the fund;
(4) Purchase, redemption or transfer of fund shares;
(five) to obtain the remaining assets after the liquidation of the fund;
(6) Other rights stipulated in the fund contract.
Thirtieth in any of the following circumstances, a general meeting of fund holders shall be held;
(1) Amending the fund contract.
(2) Early termination of the fund;
(3) Changing the fund custodian.
(4) Changing the fund manager.
(5) Other circumstances stipulated by the China Securities Regulatory Commission.
The matters listed in the preceding paragraph shall be submitted to the China Securities Regulatory Commission for approval after a resolution is made by the fund holders' meeting.
Article 31? Fund holders shall perform the following obligations:
(1) Abide by the fund contract;
(2) Paying subscription funds and prescribed fees;
(3) limited liability for the loss or termination of the fund;
(four) do not engage in any activities that harm the interests of funds and other fund holders.
Baidu Encyclopedia-Fund Dividends