Also known as Shareholder's Funds. This is the sum of all a company's assets less all its liabilities. In principle it is the money that would be left if a company sold all its assets and paid all its debts. An investment trust regularly publishes its Net Asset Value in order to demonstrate the latest value of its investments.

Net Asset Value, also known as price per share. The value of a fund's assets divided by the number of its outstanding shares

This is the market value of all of the fundâ€(tm)s assets less any liabilities (accrued expenses, etc.) divided by the number of shares outstanding.  The N.A.V. does not tell you much about overall performance since it does not reflect the value of distributed income or capital gains.

The per share value of an investment company, based on its portfolio. It is equal to the market value of the portfolio held by the company, divided by the number of its shares outstanding. The NAV is calculated at the close of trading.

The value of one share of a mutual fund. It is the total value of a fund's underlying assets divided by the fund's number of outstanding shares. Except for money-market funds, the value of a mutual fund share usually changes daily.

Market price of an open-end mutual fund; the value of all assets divided by the number of outstanding shares. For open-end funds, this is the daily price at which an investor can buy or sell shares.

The market value of an investment company's portfolio less any pro- rated expenses. Typically calculated on a daily basis, or more frequently if stipulated in the company's prospectus. The net asset value per share of a mutual fund (open-end investment company) is also the bid or redemption price.

For mutual funds, Net Asset Value (NAV) is calculated at the close of trading each day and represents the market value per share of a mutual fund. The NAV is calculated as the closing market value of all owned securities by the fund plus other assets (securities, cash and any other assets) minus liabilities divided by the number of shares outstanding.

The current price of a share, calculated daily by taking the fair market value of the fund's total assets less liabilities and dividing the remainder by the number of outstanding shares.

The Net Asset Value is simply the Book Value of the company’s net assets divided by the number of shares issued. The resulting figure is the company’s Net Asset Value (NAV) - its ‘book value per share’ - a ‘base-line’ indicator of what a share is worth. At the very least, it's worth what the shareholders tangibly own.

value of a mutual fund share calculated once a day, based on the closing market price for each security in the fund's portfolio. It is computed by deducting the fund's liabilities from the total assets of the portfolio and dividing this amount by the number of shares outstanding.

Also referred to as shareholders funds. It is arrived at by totaling the value of the trust's investments, cash and other net current assets, and deducting all of its liabilities, including any issued preference capital. Loans and preference shares can be deducted at their par (nominal value) or at their fair value (also known as market value). The resulting figure is then divided by the number of shares in issue. Shareholder funds are the net value of all the company's assets having deducted all prior charges. Prior charges can be valued at par or fair value (also known as market value). See NAV per share

The rate at which a mutual fund unit is bought or sold.(The value of a fund's investments.) For a mutual fund, the net asset value per share usually represents the fund's market price, subject to a possible sales or redemption charge.

The market price of a mutual fund. For a no-load fund, NAV is the price received by both buyers and sellers. For front-loaded mutual funds, NAV is equivalent of the bid price (what shareholders can get for selling a share), while the offering price is the price buyers must pay per share (and includes front load). The NAV is usually calculated at the end of each trading day by taking the closing prices of all securities owned plus cash and equivalents and subtracting all liabilities then dividing by the number of shares outstanding, which for open-end funds, fluctuates depending on daily number of redemption's and purchases. Many new funds are issued at a NAV of $10. After a distribution, the NAV falls by the amount equal to the distribution.

The market price of a fund (its NAV per share) is derived at the close of market every day by determining the value of the fund's total Assets (the value of each security as well as cash and cash equivalents) less its Liabilities, divided by the total number of its outstanding shares.

The realisable value of a i.e. the sum total of the assets at market value less the sum total of the liabilities.

The value of the underlying assets less liabilities of the fund after deduction of management fee and the trustee fee.

The underlying value of a share of stock in a particular mutual fund; represents the net market value of the securities held by a mutual fund.

The value of a single mutual fund share determined each day by adding up all of the mutual fund's holdings, subtracting the liabilities, and then dividing by the number of total shares.

The book value of the assets reported by a partnership, less liabilities and general partner interest (net assets). Usually expressed on a per unit basis which is calculated by dividing the net assets by the number of limited partnership units outstanding.

(NAV) - the price paid for a mutual fund share. The NAV is computed daily by summing the values of all the fund's investments, subtracting expenses and liabilities, and dividing that number by the number of outstanding shares.

The market value of one share of a fund on any given day without a front-end sales charge or CDSC. It is determined by dividing a fund's total net assets by the number of shares outstanding.

valuation based on the common practice for investment companies to compute assets daily, or even twice daily, by totaling the market value of all securities owned.

The sum of the individual asset values in a closed-end mutual fund. Closed-end funds can sell at substantial premiums or discounts to their net asset values.

In the context of trusts and funds, NAV is the total value of the fundâ€(tm)s portfolio less liabilities.

(Investment Companies)—the market value of a company's assets less any liabilities divided by the number of shares outstanding.

The per share value of a mutual fund, based on its portfolio. It is equal to the market value of the portfolio divided by the number of its shares outstanding.

See net asset value in the Mutual Fund section.

The NAV of a mutual fund represents the value of a fund's investments on a per share basis.

The value or purchase price of a share of stock in a mutual fund.----------[ Back

(NAV) This represents the share value of a mutual fund. NAV is calculated at the end of each day is calculated by adding total assets less liabilities to arrive at equity (or net worth). The equity is then divided by the number of outstanding shares in the mutual fund, to get NAV.

reflects the market value of stocks, bonds and net cash divided by shares outstanding. The percentage difference indicates the premium or discount of the market price over the net asset value.

The value of a mutual fund share as determined at the close of each business day. The mutual fund adds up the market value of all securities in its portfolio, deducts expenses, and divides this total by the number of shares outstanding. All shares redeemed on that day are done so at the NAV for that specific day.

The total value of a company's assets less its liabilities divided by the number of ordinary shares in issue. Used to describe the underlying value of an investment trust's share.

the market worth of one share of a mutual fund. This figure is calculated by taking a fund's total assets -- securities, cash, and any accrued earnings -- deducting liabilities, and dividing by the number of shares outstanding.

The price at which a mutual fund will buy back its own shares; NAV represents the current market value of all securities the fund owns less any liabilities.

Net asset value is the current value of a share of a mutual fund and is computed by taking assets minus liabilities and dividing by the number of outstanding shares of the fund. Marketocracy uses NAV as its sole guage for performance in the competition.

The value of fund's portfolio at market value less current liabilities and other accrued expenses divided by the number of units outstanding. Net asset value is normally computed daily.

Net assets divided by the number of fund units outstanding.

The price of a single share of a mutual fund.

The market value of a mutual fund's total assets, after deduction of liabilities, divided by the number of outstanding shares; the per share price of no-load mutual funds.

The NAV of an ETF is determined in a manner consistent with other mutual funds. The NAV is calculated by taking the total assets of the ETF, less liabilities, divided by the number of ETF shares outstanding.

The market value of an investment company's assets, less any liabilities, divided by the number of shares outstanding.

The NAV is the dollar value of one share of a mutual fund. It is calculated by totaling the value of all the fund's holdings and dividing by the number of outstanding shares. That means the NAV changes regularly, though day-to-day changes are usually small.

Value of one share of a fund that is determined by subtracting liabilities (payables, accrued expenses, taxes) from assets (cash, investments, receivables) and dividing the net assets by the number of shares outstanding.

The assets of a company, minus its liabilities divided by the number of shares in issue.

This is the net worth of the company and represents the assets less the liabilities. It is usually expressed in cents per share. Comparing it to the quoted share price shows you whether the share is trading

The simplest measure of how a scheme is performing, it tells how much each unit of it is worth at any point in time. A scheme’s NAV is its net assets (the market value of the financial securities it owns minus whatever it owes) divided by the number of units it has issued.

The market value of a fund's total assets, minus its liabilities and intangible assets, divided by the number of its shares outstanding. The measure is used to determine prices available to investors for redemptions and subscriptions. Hedge funds typically calculate their NAVs at the end of every business day, but report them to investors on a monthly basis. Mutual funds report their NAVs daily.

The underlying value of a share of stock in a particular mutual fund; also used with preferred stock.

With an open-end mutual fund, the current value of a single share of the fund (subject to possible sales or redemption charges). It is calculated at the close of the market every business day by taking total assets of the fund, less liabilities, and dividing by the total number of shares outstanding.

The assets, less any liabilities, of a fund.

The market value of one share of a mutual fund; NAV is calculated only once each day after market close. This value does not include any sales charges or other fees.

The total value of a company or fund less its liabilities. Net asset value per share is calculated by dividing this figure by the number of ordinary shares/units in issue.

This is calculated as total assets minus all expenses and divided by the number of outstanding units. This is the main performance indicator for a mutual fund, especially when viewed in terms of appreciation over time.

The value of fund's portfolio at market value less current liabilities divided by the number of units outstanding. Net asset value is normally computed daily or weekly and can be found in the financial section of the daily newspaper.

Net fund assets divided by number of units in circulation. Forms the basis for the calculation of the issue and redemption prices of units. Also known as the NAV or intrinsic value.

The actual value of all the assets of a unit trust fund, less the fund's liabilities. Commonly referred as the NAV.

The value of a mutual fund share determined by deducting the funds liabilities from the total assets of the portfolio and dividing this amount by the number of shares outstanding. This is calculated once a day, based on the closing market price for each security in the fund's portfolio.

The value of a collective investment fund based on the market price of securities held in its portfolio. Units in open ended funds are valued using this measure. Closed ended investment trusts have a net asset value but have a separate market value. NAV per share is calculated by dividing this figure by the number of ordinary shares. Investments trusts can trade at net asset value or their price can be at a premium or discount to NAV.

Net assets of an open-end investment company divided by the number of outstanding shares.

The valuation of a collective investment based on the market price of securities held in its portfolio. Unit trusts are valued on this basis, whereas investment trusts have a market value.

Everything that is left after the calculated depreciation assessments have been subtracted from the initial value of the fixed capital.

The market value of one mutual fund share, calculated on a daily basis.

The value of the shareholders interest in a company, calculated by subtracting liabilities from assets

The net asset value (NAV) is the current worth of a share of the CEF. It is computed by deducting the total liabilities from the total assets of the CEF, and dividing the result by the number of outstanding shares/units. NAV = (Total Assets - Total Liabilities) / Shares Outstanding

The price of a individual mutual fund share, usually calculated at the end of the trading day.

Equivalent to the assets less the liabilities attributable to the shares on any valuation date. The NAV per share is determined by dividing the NAV by the number of outstanding shares.

(1) In mutual funds, the market value of a fund share, synonymous with bid price. In the case of no-load funds, the NAV, market price, and offering price are all the same figure, which the public pays to buy shares; load fund market or offer prices are quoted after adding the sales charge to the net asset value. (2) The book value of a company's different classes of securities, usually stated as net asset value per bond, net asset value per share of preferred stock, and net book value per common share of common stock.

The value of an investment less its liabilities.

The current value of all a mutual fund's assets, minus liabilities, divided by the total number of shares outstanding.

The Net Asset Value of a company is the total value of all its assets less its liabilities.

The NAV, or the integral value of a share, is calculated by dividing the net assets of a company by the number of issued shares.

The value of a fund share. Determined by dividing the total value of the fund's assets by the number of outstanding shares. This value is calculated daily by the fund.

See Daily Price.

The value of each unit of participation in a commodity pool. Basically a calculation of assets minus liabilities plus or minus the value of open positions when marked to the market, divided by the total number of outstanding units.

The market value of a mutual fund's total assets, after deducting fund liabilities, divided by the number of shares outstanding. NAV is the price per share of a fund.

Is the total value a fund's portfolio less liabilities. The NAV is usually calculated on a daily basis .

The per share value of the portfolio at the end of each day. Net Income - For an individual, gross income minus expenses.

The value per share of all the holdings within a mutual fund. The NAV is computed daily... read full article

This corresponds to the fund's net assets divided by the number of its units and is used (NAV) as a basis for calculating the "purchase/sale price".

Net Asset Value or NAV is the value of the total assets less liabilities of the trust multiplied by the number of ordinary shares in issue.

Indicates the size of the fund in millions of dollars. It is calculated as total assets minus current liabilities.

the companyÕs total assets minus its total liabilities.

The value of a company after all debts have been paid, expressed as an amount per share.

The Net Asset Value is simply the Book Value of the company's net assets divided by the number of shares issued. The resulting figure is the company's Net Asset Value (NAV) or book value per share - a base-line indicator of what a share would be worth if a company's assets were sold off i.e. in the event of a bankruptcy.

A term usually used in connection with mutual funds, meaning net asset value per share. It is common practice for mutual funds to compute their net asset value daily by totaling the market value of all securities owned, deducting liabilities, and dividing the balance by the number of shares outstanding. The resulting figure is the net asset value per share.

The market value of a mutual fund share. NAV is calculated by most funds after the close of the exchanges each day by taking the closing market value of all securities owned plus all other assets such as cash, subtracting all liabilities, then dividing the result (total net assets) by the total number of shares outstanding. The number of shares outstanding can vary each day depending on the number of purchases and redemptions.

the price of each share of a mutual fund. Calculated by subtracting the fundâ€(tm)s liabilities from its total assets, and dividing that figure by the number of shares outstanding.

The balance sheet value of a company. This can be divided by the number of issued shares to indicate the NAV per share. This is often used to value an investment trust's assets against its current share price to see if it is trading at a discount or a premium.

The value of a fund''''s underlying securities. It is calculated at the end of the trading day. For a mutual fund, the net asset value per share usually represents the fund''''s market price, subject to a possible sales or redemption charge.

in securities, except money market funds which always have a NAV of $1.00, represents the market value or price of one fund share. It is calculated by the total value of the fund's portfolio less liabilities divided by the number of shares; or, in corporate valuations, it is a measure of the shareholders' aggregate wealth in the company, which is defined as the actual or hypothetical market value of the company's assets less its liabilities.

This is the value of the company based on the valuation of the assets less any liabilities that it has in its balance sheet.

Listed as NAV in mutual fund listings, net asset value is the market value of a fund's shares. It is calculated at the close of trading.

The current market worth of a mutual fund share. Calculated daily by taking the funds total assets securities, cash and any accrued earnings deducting liabilities, and dividing the remainder by the number of shares outstanding.

The net asset value of a fund on a given valuation date is equal to the fair market value of the assets of the fund on such date less its liabilities on such date.

Represents the per share price of a mutual fund. With closed end funds and ETFs, the true NAV is not always reflected in the share price of the security because it may trade at a premium or discount to the NAV. The calculation of NAV is the fund’s total net assets divided by the number of shares outstanding, minus fees and expenses.

The market value of a mutual fund's total assets, minus liabilities, divided by the number of shares outstanding. The value of a single share is called its share value or share price.

Shareholders' equity divided by shares in issue.

The value of mutual fund shares. It is normally calculated daily by subtracting a fund's liabilities from its assets and dividing by the number of shares outstanding.

a daily calculation of the value of a share of a mutual fund

NAV of an investment fund refers to the total value of the fund's underlying investment portfolio, less any fees, charges, expenses and other liabilities accrued by the fund.

The per share value of a mutual fund at the end of each day figured by taking the total market value of a fund's assets and dividing the figure by the total number of shares outstanding.

Total assets of a company less total liabilities. A more refined measure is Net Tangible Assets, which do not include intangible items like goodwill.

The price at which a mutual fund sells or redeems its shares. The net asset value is calculated by dividing the net market value of the fund's assets by the number of outstanding shares.

The market value of a fund on a given day. Net Asset Value is calculated by adding the total value of the fund's assets and subtracting the liabilities.

Used by investment companies to measure net assets. It is calculated by subtracting liabilities from the value of a fund's securities and other items of value and dividing this by the number of outstanding shares. Net asset value is popularly used in newspaper mutual fund tables to designate the price per share for the fund.

In a mutual fund, the market value of the securities and other assets underlying each share of the fund.

The NAV is calculated roughly as follows. Firstly, the market value of the assets held by the fund is determined. All the fund's liabilities - and in the case of real estate funds any taxes likely to be incurred when properties are sold - are then deducted. The remaining amount is divided by the number of units in circulation to give the net asset value.

The total assets (securities, cash, and accrued earnings) of a fund minus any liabilities, divided by the number of units outstanding.

The market value per share for mutual funds. NAV is each day by aggregating the closing market value of assets and subtracting all liabilities, then dividing the result by the total number of shares outstanding.

The value of one share in a mutual fund.

This usually represents the value of one unit of a fund. It is the fund's assets minus its liabilities divided by the number of shares issued. It is generally calculated on a daily basis. For an open ended fund, such as an OEIC or Unit Trust, it represents the market price, although for a close ended fund, such as an Investment Trust, the market price may vary significantly from the Net Asset Value resulting in a market price which is at a premium or discount to the Net Asset Value.

The total market value of a fund's assets divided by the number of shares of the fund outstanding.

The value of mutual fund shares determined by deducting the fund's liabilities from the total assets of the portfolio and dividing this amount by the number of shares outstanding.

The market value of a fund share. NAV is calculated each day by taking the closing market value of all securities owned plus all other assets such as cash, subtracting all liabilities, then dividing the result (total net assets) by the total number of shares outstanding. over-the-counter (OTC): 1. A security that is not listed and traded on an organized exchange. 2. A market in which securities transactions are conducted through a telephone and computer network connecting dealers in stocks and bonds, rather than on the floor of an exchange. par value: The contractual amount borrowed and to be repaid, usually denominated in $1,000 amounts. Principal may be paid in a lump sum at final maturity, periodically according to an amortization or sinking fund schedule, or periodically to include prepayment, put or call features.

The worth of a mutual fund's assets, including securities, cash and accrued earnings, after deducting liabilities, divided by the number of shares currently outstanding. NAV is expressed as the value of a single share in the fund.

The daily price quoted for a share or unit of a mutual fund. The NAV is calculated after the close of the market and trading has ceased every business day. An investor looking to purchase one share of a mutual fund would have to pay the NAV plus any front-loaded sales charge if applicable. An investor looking to sell one share of a mutual fund would sell at the closing day's NAV.

The price or market value at which an individual share of a security or mutual fund could be sold. In the case of a mutual fund, the net asset value is calculated daily and is determined by adding up the value of all the securities and cash in a fund's portfolio, subtracting liabilities, if there are any, and dividing that number by the number of shares the fund has issued. Except for money market funds, the share value will usually change daily.

How much the company would be worth if it ceased trading and sold off all assets such as property, vehicles and machinery. The net asset value is usually substantially lower than the market capitalisation, due to intangible assets such as brands, intellectual property, goodwill, future earnings potential and the people who make up the company.

The price of a single share in a fund. Calculated by dividing the total net assets in the fund by the number of shares.

The market value of an investment trust's underlying assets ie the investments it has made in other companies. This is usually different from the share price which can trade at a discount or premium to NAV, according to the level of investor demand for those shares.

The value of one share of a mutual fund. Except for money-market funds, the value of a mutual fund share usually changes daily. The net asset value comes from dividing the value of all the fund's holdings by the number of shares in the fund.

Usually used in connection with investment companies to mean net asset value per share. An investment company computes its assets daily, or even twice daily, by totaling the market value of all securities owned. All liabilities are deducted, and the balance is divided by the number of shares outstanding. The resulting figure is the net asset value per share. (See: Assets, Investment company)

The price at which mutual fund transactions are conducted. Open-end mutual funds calculate the NAV at the close of the New York Stock Exchange each day and all transactions entered for the day are processed once the NAV is determined. The NAV is calculated by dividing the net assets of the fund (assets minus liabilities) by the number of shares outstanding.

Per-share value of your fund's investments. Also known as share price.

The per-share value of a mutual fund, found by subtracting the fund's liabilities from its assets and dividing by the number of shares outstanding. Mutual funds calculate their NAVs at least once daily.

Market value of a mutual fund share computed by dividing the total assets of the portfolio minus its liabilities by the number of shares outstanding.

The total value of the assets, including stocks, bonds, and/or other securities, owned by a mutual fund, less all liabilities, divided by the number of outstanding shares. This value does not include any sales charges, such as a Load or 12b-1 Fee. The NAV is calculated once each day after the close of the market.

The dollar value of one share of a mutual fund at a given point in time, which is calculated by adding up the value of all of the fund's holdings and dividing by the number of outstanding shares.

The value of a company after all debts have been paid, expressed in pence per share.

The performance of a hypothetical investment of $1000 invested at the Fund's inception. Figures include reinvestment of dividends and capital gains, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures.

the dollar value of Vermilion based on the value of the underlying assets of the Trust minus its liabilities.

The value of a fund's investments. For a mutual fund, the net asset value per share usually represents the fund's market price, subject to a possible sales or redemption charge. For a closed end fund, the market price may vary significantly from the net asset value.

The dollar value of an open-end fund divided by the number of outstanding fund shares. In an open-end fund quote, the NAV is the bid side; the offer side is the NAV plus the sales charge.

The market price of a mutual fund's total assets (after deducting liabilities) per share. It is the price at which a shareholder would sell a fund's shares.

the value of a single share of a mutual fund, as calculated at the end of each trading day. It is calculated by dividing the total value of all securities held by the fund by the total number of outstanding shares of the fund.

The market value of a mutual fund share. The NAV is calculated by dividing the current value of the entire portfolio by the number of shares outstanding.

The NAV is the value of one share of a mutual fund. Computed daily, it is calculated by adding together the value of all the fund's holdings, subtracting expenses and liabilities and dividing by the number of shares outstanding.

The net "market value" of all a company's assets, including but not limited to its properties, after subtracting all its liabilities and obligations.

NAV is calculated by adding the value of all of the investments in the fund and dividing by the number of shares of the fund that are outstanding. NAV calculations are required for all mutual funds (or open-end funds) and closed-end funds. The price per share of a closed-end fund will trade at either a premium or a discount to the NAV of that fund, based on market demand. Closed-end funds generally trade at a discount to NAV.

The value of a single share in a mutual fund, which is determined by dividing the total assets of the fund, minus its liabilities, by the total number of shares outstanding.

Computed on a regular basis by a fund company, the price at which no-load (no sales fee) shares may be purchased or sold at that time.

Total assets of a company/ fund less all liabilities and prior charges. Net asset value per share is calculated by dividing this figure by the number of ordinary shares/ units in issue.

Net Asset Value Per Unit

In effect, the share price of a fundcomputed daily by adding the value of the fund's securities andother assets, subtracting liabilities, and dividing by the numberof shares outstanding. For a mutual fund with a front-end load,net asset value is identical to the "asked price" or"offering price."

the dollar value of a single fund share/unit, before the provider's base fee is applied, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares/units outstanding; is calculated at the end of each business day

The per share market value (price) of a mutual fund; in general, the price offered to purchase one share of the mutual fund. The NAV in most cases is calculated by including the closing day's prices of all securities held in a particular fund, plus all other assets owned by the fund (including cash), subtracting all liabilities of the fund, and then dividing the sum by all the outstanding shares of the fund on that given day. If the fund is a no-load fund, then the offering per share price for the fund and the NAV per share will be the same.

The value of all the holdings of a mutual fund, less the fund's liabilities.

the value of a company, or managed fund, which is the assets less the liabilities

The valuation of a collective investment based on the market value of securities added to the cash element held in its portfolio. OEICs use this method for valuation purposes.

The market value of one mutual fund share. It is calculated by taking the value of the fund's holdings and dividing it by the number of shares outstanding. back to the top

Often used with reference to the units of mutual funds; the total market value of all securities owned by the fund (less any liabilities) divided by the number of units of the fund outstanding. The net asset value is the amount paid by purchasers of the units and received by sellers.

The value of a fund’s investments at any one time. Calculated by adding all the fund’s holdings, subtracting the fund’s liabilities and dividing by the number of outstanding shares.

Price of a unit or share in a collective investment scheme, obtained by dividing the scheme's net assets by the number of units or shares. NAV is calculated and published on a regular basis, at a frequency specified in the prospectus or stipulated by law and regulations. The frequency may be changed. Where the assets of the scheme exceed €80 million, NAV is calculated daily. In exceptional circumstances, redemptions may be suspended. Further, some schemes may place limits on subscriptions, as specified in the Financial Security Act. All redemptions and subscriptions are based on the net asset value.

The value of a unit of a scheme on any given business day. NAV reflects the market value of the fund's investments that day after accounting for all expenses.

(NAV): The value of each unit of participation in a commodity pool.

The value of an individual asset or portfolio of real estate properties net of leveraging or joint venture interests

The price for a share of a mutual fund. The net asset value (NAV) is the total market value of all the fund's securities, minus liabilities, divided by the number of shares outstanding.

An open-ended mutual fund's per share market value. In mutual funds, the net asset value is synonymous with "bid price" and "redemption price". In no load funds, the NAV is also the asked price. They are all one figure. In load funds, the asked price is quoted after the sales charge is added to the net asset value. Most funds compute the NAV after the close of the exchanges each day. It is calculated by taking the closing market value of all securities within the fund plus all other assets (i.e., cash), subtracting all liabilities, and then dividing the result (total net assets) by the total number of outstanding shares. The total number of outstanding shares usually varies daily because of redemptions and purchases.

In mutual funds, the NAV is the per share market value of a mutual fund. Also known as the bid price.

The daily price for a share of a mutual fund. This dollar value is computed by taking the fund's assets (holdings) minus its liabilities (expenses) divided by the number of shares outstanding (those shares issued by the corporation that are held by the public.)

NAV represents the value of a unit in the scheme and is the main performance indicator for a mutual fund. The formula is : total assets - all expenses outstanding units Open-ended schemes Mutual fund schemes that continuously offer new units to the public are called open-ended schemes. They offer units for sale without specifying any duration for redemption.

Market value of one share of a mutual fund on a given day; also known as the bid price. Unlike the public offering price, the NAV includes no sales charges. It is calculated each business day by taking the closing market value of all securities owned by the mutual fund, plus all other assets (e.g., cash) and subtracting liabilities. To reach the NAV per share, the remainder is then divided by the total number of shares outstanding.

The Net Asset Value or NAV is a term used to describe the value of an entity's assets less the value of its liabilities. The term is commonly used in relation to collective investment schemes.