Innovatively flexible reallocation strategies, helping investors secure their gains and the growth-style fund "red envelope rain" hides a mystery.

Since the fourth quarter of this year, the reporter has noticed that many actively managed equity funds, especially growth style products, have rarely announced dividends. Funds such as E Fund Stable Growth Mixed Fund, E Fund KeXiang Mixed Fund, and WanJia BeiJiao Exchange-Traded Fund Selective Growth have all announced dividends for the first time in four years. In contrast to broad-based index funds and dividend-themed funds that use stock dividends as a source of dividends, dividends from actively managed equity funds are mainly derived from the price difference when buying and selling stocks. Industry insiders believe that growth style funds have accumulated a substantial amount of profits in the short term this year, and fund managers may proactively distribute dividends to help investors lock in profits and avoid potential erosion of profits from changes in market trends. In addition, dividends can also help adjust the portfolio structure, reinvest assets, and maintain operational scale.