What is net asset value?

Net Asset Value is the net value of an investment fund's assets less its liabilities, divided by the number of shares outstanding. Funds can be open or closed and the pricing of each share is based on NAV. The price of each fund share is reflected as the NAVPS or per-share value.

What is the difference between NAV and net asset value?

Most commonly used in the context of a mutual fund or an exchange-traded fund (ETF), NAV is the price at which the shares of the funds registered with the U.S. Securities and Exchange Commission (SEC) are traded. Net Asset Value is the net value of an investment fund's assets less its liabilities, divided by the number of shares outstanding.

What is the difference between equity and net asset value?

Equity is calculated by including intangible assets, which can include items like patents, while NAV is calculated using only tangible assets. Net Asset Value is the net value of an investment fund's assets less its liabilities, divided by the number of shares outstanding.