You ignore the cold knowledge of fund dividends.

You ignore the cold knowledge of fund dividends.

We found that there are still many doubts about fund dividends. For example, some citizens asked, although the dividend method was changed from cash dividend to dividend reinvestment, how could they receive a cash dividend? Bian Xiao compiled the cold knowledge of fund dividends here for your reference. I hope everyone will gain something in the reading process!

Generally speaking, when a fund held by a citizen's friend is about to pay dividends, it will be notified by SMS, but people often ignore an important channel to understand the dividend announcement of the fund. I strongly suggest that you log in to official website, a fund company, and find the dividend announcement of this fund, which contains a lot of practical information, and some even affect our subsequent investment. Share some cold knowledge about your wallet through the fund dividend announcement today.

Publish basic information

We take the dividend announcement issued by Wanjia Industry in March 2020 as an example to "disassemble" the important contents. First, let's look at the first part of the announcement-the basic information of the announcement. There are two things you can understand.

1. Base date of income distribution: refers to the base date of distributable income of this dividend. In other words, Wanjia Industrial prefers to use the distributable income of 20 19 12 3 1 as the amount of this dividend.

2. Distribution amount: basically "RMB/10 fund shares". The optimal allocation amount of ten thousand industries is 1.46 yuan/10 fund shares. In other words, if you hold 10000 industry preferences, you can get 1460 yuan's fund dividend this time.

Other information related to dividends.

In the second part of the fund dividend announcement, there are three key time points, namely, the equity registration date, the ex-dividend date and the dividend payment date.

1, registration date of rights and interests

At the beginning, I mentioned that a friend changed the dividend payment method from cash dividend to dividend reinvestment, but he still got the cash dividend, which was actually related to date of record.

Equity registration date means that when a fund company pays dividends for a fund that can choose its own dividend method, it needs to set a date when all registered fund shares can participate in dividends, which is the equity registration date.

Date of record is very important. If it is necessary to modify the dividend distribution method, it must be handled within the trading hours of the previous day in date of record before it can take effect. For example, Wanjia Industrial prefers that the registration date of the last dividend is March 24, 2020. Suppose an investor wants to change the dividend method from cash dividend to dividend reinvestment, and it will take effect before 3 pm on March 23, 2020.

2. Ex-dividend date

On the ex-dividend date, the fund company will deduct the dividend from the fund assets. On this day, we usually see the net value of fund shares decline. Of course, this does not affect the total assets of our investors.

Generally speaking, the registration date and ex-dividend date of OTC funds are mostly the same day; The ex-dividend date of on-site fund shares is generally one day later than the equity registration date.

3. Date of bonus payment

On the dividend payment day, the fund company will uniformly distribute the fund dividend.

Then you may ask, when can we get the bonus? If "cash dividend" is selected, the dividend will be distributed on the dividend distribution day, and investors can receive the cash dividend on the same day at the earliest, depending on the agency. If "dividend reinvestment" is selected, please note that the share of dividend conversion will be transferred to the fund account on the second day in date of record, which is related to date of record. For example, the last dividend of Wanjia Industry was on March 26, 2020 (off-site). If you choose cash dividend, investors will get cash dividend as soon as March 26th. Date of record is March 24th, 2020. If dividend reinvestment is selected, the fund share will be credited to the fund account on March 25th, 2020, and can be inquired from March 26th.

Other matters that need to be prompted.

This part is mainly to supplement some matters and remind investors to pay attention. For example, when you purchase the redemption share, you can enjoy this bonus.

Let's take Wanjia Industrial's last dividend as an example. In the third part, we can see that if the shares of 10,000 industry-selected funds bought through floor trading in date of record enjoy this dividend right, the shares of funds sold through floor trading in date of record do not enjoy this dividend right. In date of record, 10,000 shares of the industry's preferred funds purchased over the counter do not enjoy the dividend right, while the fund shares redeemed over the counter in date of record enjoy the dividend right.

Fund dividend means that the fund distributes part of the income to investors in cash, which is originally a part of the net value of the fund unit. According to the Interim Measures for the Administration of Securities Investment Funds, fund management companies should distribute at least 90% of the net income of funds in cash once a year. The "Interim Measures" have expired, and how to allocate them now is subject to the provisions of the Fund Contract.

Dividends are not as much as possible. Investors should choose a dividend distribution method that suits their own needs. Fund dividend is not the biggest standard to measure fund performance. The biggest criterion to measure the fund's performance is the growth of the fund's net value, and dividends are just the cash for the growth of the fund's net value.

For open-end funds, if investors want to realize income, they can also redeem part of the fund shares to achieve the effect of cash dividends; Therefore, whether the fund pays dividends and the number of dividends will not have a significant impact on investors' investment income.

For closed-end funds, it is sometimes not feasible to realize fund income by selling fund shares because the unit price of the fund is often different from the net value of the fund. In this case, fund dividends become the only reliable way to realize fund income. Investors should pay more attention to dividends when choosing closed-end funds.

Tip:

First, we should pay attention to arranging the proportion of fund varieties according to our own risk tolerance and investment purpose. Choose the fund that suits you best, and set an investment ceiling when buying partial stock funds.

Second, be careful not to buy the wrong "fund". The popularity of funds has led to some fake and shoddy products "fishing in troubled waters", so we should pay attention to identification.

Third, pay attention to the post-maintenance of your account. Although the fund is worry-free, it should not be left unattended. Always pay attention to the new announcements on the fund website, so as to have a more comprehensive and timely understanding of the funds you hold.

Fourth, pay attention to buying funds, and don't care too much about the net value of funds. In fact, the fund's income is only related to the net growth rate. As long as the fund's net growth rate stays ahead, the income will naturally be high.

Fifth, we should be careful not to "love the new and hate the old" or blindly pursue new funds. Although the new fund has inherent advantages such as preferential prices, the old fund has long-term operating experience and reasonable positions, which is more worthy of attention and investment.

Sixth, we should be careful not to buy dividend funds unilaterally. Fund dividend is the return of investors' previous income, so it is more reasonable to change the dividend method to "dividend reinvestment" as far as possible.

Seventh, we should pay attention not to talk about heroes in the short term. It is obviously unscientific to judge the pros and cons of the fund by short-term ups and downs, and it is necessary to make a comprehensive evaluation of the fund in many aspects and conduct a long-term investigation.

Eighth, we should pay attention to the flexible choice of investment strategies such as steady and worry-free fixed investment and affordable and simple dividend transfer.

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