The net asset value (NAV)is reported in financial newspapers and on financial Web sites

Question

Quizplus · Accepted Answer

NAV is reported on a per-share basis, which represents the value of each share of the fund. This is a more accurate representation of the fund's value as compared to a total fund family, which just represents the sum of all the assets in the fund. The NAV is also calculated daily, not weekly. Finally, NAV is not reported as a percentage of the fund's price, but rather as the actual dollar value of each share.

The Net Asset Value (NAV)is Reported in Financial Newspapers and on Financial