Net asset value (NAV)
The value of a fund's assets less its liabilities.
How to read the number
Divided by the number of units it gives the fair price of a unit, against which the exchange price is compared.
Also known as: net asset value, nav
The value of a fund's assets less its liabilities.
Divided by the number of units it gives the fair price of a unit, against which the exchange price is compared.
Also known as: net asset value, nav