NAV, or Net Asset Value, is a financial metric that measures the net value of an investment fund’s assets after subtracting its liabilities. It is calculated by dividing the net value by the number of shares outstanding. The NAV is typically calculated at the end of each trading day based on the closing market prices of the securities held in the fund’s portfolio. NAV is an important indicator of the value of an investment fund and helps investors understand the per-share value of their investment in the fund.
Schedule a Complimentary Consultation.