A customer's pro rata value of a share in a mutual fund,if the assets of the fund were liquidated and liabilities paid off,is called:

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The pro rata value of a share in a mutual fund, if the assets of the fund were liquidated and liabilities paid off is called the net asset value (NAV). This is calculated by dividing the total value of the assets in the fund by the total number of shares outstanding. It represents the value of each share in the fund and is calculated on a daily basis. The NAV is an important measure of the performance of the fund and helps investors to determine whether to buy, hold or sell their shares in the fund.

A Customer's Pro Rata Value of a Share in a Mutual