Crossword clue: Price per unit of mutual fund (abbr.)

June 29, 2024 2 views By Mangesh Ghogre

The answer to the crossword clue is "NAV," which stands for Net Asset Value. NAV represents the price per unit of a mutual fund, indicating how much each share …

The Clue Price per unit of mutual fund (abbr.)
The Answer NAV

The answer to the crossword clue is "NAV," which stands for Net Asset Value. NAV represents the price per unit of a mutual fund, indicating how much each share is worth. It is calculated by taking the total value of the fund's assets and subtracting any liabilities. This makes NAV a key figure for investors looking to understand the value of their investment in a mutual fund.

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