I'm wondering if a high NAV value is considered good. I've heard different opinions on this and would like to understand if a higher NAV is generally seen as beneficial, or if there are potential downsides to it as well.
6 answers
GwanghwamunGuardianAngelWings
Mon Nov 04 2024
A scheme with a higher NAV indicates that its investments have performed well over time.
CryptoConqueror
Mon Nov 04 2024
The Net Asset Value (NAV) of a scheme represents a crucial metric in evaluating its financial standing.
Silvia
Mon Nov 04 2024
It is calculated by subtracting the total expenses from the total value of the investments held by the scheme.
CryptoElite
Sun Nov 03 2024
This is because a higher NAV reflects the scheme's ability to select profitable investments.
Claudio
Sun Nov 03 2024
Investors should not be discouraged by a high NAV, as it often signifies the scheme's strong performance.