To The Moon

Follow me @Alice Arnault and let us learn and earn together. This is not a sponsored post. 

Was analysing the @FundMall  promo recently

Advert pic

Some friends have asked me what NAV means since its in such a prominent location of the reports. So wrote something to share

NAV is a metric commonly used to measure the value of a mutual fund, exchange-traded fund (ETF), or closed-end fund. 

It represents the per-share price of the fund's assets minus its liabilities. 

The NAV is calculated at the end of each trading day by dividing the total net assets of the fund by the total number of outstanding shares.

Here's how to interpret NAV:

Share price: The NAV is essentially the price at which you can buy or sell a share of the fund. If the NAV increases, it means the value of the underlying assets has increased, and vice versa.

Performance indicator: Investors often use NAV to track the performance of a fund over time. By comparing the current NAV with the historical NAV, you can gauge how well the fund has performed.

Comparison with other funds: By comparing the NAVs of different funds, you can get an idea of how well each fund is performing.

However, it's important to remember that NAV alone doesn't provide a complete picture of a fund's performance, as it doesn't take into account factors like fees, dividends, or taxes.

Will share a more technical analysis if there is interest .

How do you normally use NAV?