I'm looking for the formula that calculates the price to NAV. I need to understand how this ratio is determined in order to make informed investment decisions.
6 answers
EchoSeeker
Tue Dec 31 2024
The Net Asset Value (NAV) formula is essential for determining the value of a mutual fund.
Claudio
Tue Dec 31 2024
The NAV is generally expressed on a unit price basis, meaning it is calculated per share.
CharmedVoyager
Tue Dec 31 2024
To calculate the NAV, one must first consider the total assets of the fund.
Thunderbolt
Tue Dec 31 2024
To arrive at the NAV per share, the total NAV must be divided by the total number of units outstanding.
Valeria
Tue Dec 31 2024
The total liabilities of the fund are then subtracted from these assets.