The net asset value (NAV) of a mutual fund is calculated by taking the market price of a fund's assets, including cash, subtracting any liabilities, and dividing by the number of shares outstanding.

Authors

• Person: Not available Organization: Money For the Rest of Us
  A Complete Guide to Investment Vehicles | Money for The Rest of Us

Sources

• A Complete Guide to Investment Vehicles | Money for The Rest of Us moneyfortherestofus.com Money For the Rest of Us via serper

Referenced by nodes (1)

• mutual fund concept