I'm considering investing in a mutual fund or an ETF, and I'm wondering whether a higher Net Asset Value (NAV) is better or a lower one. I want to understand how NAV affects my investment.
7 answers
DongdaemunTrendsetter
Sun Jan 05 2025
When the NAV is higher, it signifies that the fund has generated a profit.
CryptoMystic
Sun Jan 05 2025
Conversely, a lower NAV indicates that the fund has experienced a loss.
GangnamGlitter
Sun Jan 05 2025
The NAV of a fund is typically calculated after
market hours.
Maria
Sun Jan 05 2025
This metric is crucial for investors to assess the performance of a fund.
BlockchainMastermind
Sun Jan 05 2025
This process is a standard rule in the financial industry.