The net asset value per mutual fund share is the current market value of the securities contained in the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding.

Question

Quizplus · Accepted Answer

This is the correct definition of net asset value per mutual fund share. It is calculated by taking the value of the securities in the portfolio and subtracting any liabilities, then dividing that by the total number of shares outstanding. This gives the current market value of one share of the mutual fund.

The Net Asset Value Per Mutual Fund Share Is the Current