Group 1 - The core viewpoint is that public funds are transitioning from a focus on scale to prioritizing investor returns, with a significant increase in dividend distributions to enhance investor experience [1][2][3] - As of May 15, 2025, the total dividends distributed by public funds in the year exceeded 87 billion yuan, surpassing approximately 60 billion yuan in the same period last year [1] - The trend of increasing dividends is not limited to traditional bond funds; index funds are also showing a growing trend in dividend payouts [1][2] Group 2 - Jiashi Fund has announced multiple dividend distributions for its products, including the Jiashi Ultra Short Bond Fund and Jiashi CSI A500 ETF Linked Fund, with specific dividend amounts set for different classes of shares [1][2] - The Jiashi CSI A500 ETF has a current circulation scale of nearly 15 billion yuan and has implemented a quarterly dividend mechanism to enhance investor experience [2] - Since the beginning of 2025, Jiashi Fund's products have cumulatively distributed dividends over 50 times, with a total amount reaching 4.638 billion yuan [3]