The value of a mutual fund that is reached by deducting the fund’s liabilities from the market value of all of its shares and then dividing by the number of issued shares.
More example sentences
- However, at 461p its shares are priced at a 15% premium to its latest net asset value.
- That net asset value is made up of the company's total property portfolio minus the value of its liabilities.
- That's because mutual fund shareholders get a price, called net asset value, or the value of one share in the fund, that is calculated at the end of the trading day.