A BCDEFGHIJKLMNOPQRSTUVWXYZ
|
|
Net Asset Value (NAV) Per Share The redemption price of one share of a fund. This figure is calculated by dividing the total value of all the individual securities in a fund, minus expenses, by the total number of shares outstanding. The NAV usually changes from day to day. |
|
No-load Fund A mutual fund that sells its shares at net asset value, without charging a sales commission, or load. |
|
 |
|