The price an investor can sell his shares of an open-end mutual fund share is the net asset value.

Question

Quizplus · Accepted Answer

The net asset value (NAV) of an open-end mutual fund represents the value of the fund's assets minus its liabilities, divided by the total number of shares outstanding. This means that the NAV is essentially the price at which investors can buy or sell shares in the fund. Therefore, an investor can sell his shares of an open-end mutual fund at the net asset value.

The Price an Investor Can Sell His Shares of an Open-End