investing guide

Net Asset Value

When you invest in mutual funds you will hear the term Net Asset Value (NAV) mentioned. It simply is the term used for one share in a mutual fund. In other words, just another fancy Wall Street term designed to confuse everyone.

The NAV is similar to owning shares of stock. If you bought 100 shares of a mutual fund, and the NAV was $10 it would cost you $1,000.

You can find the NAV for mutual funds through many financial resources both online and off; just like you would find a stock price. If you want to learn more about mutual funds I personally suggest visiting the Vanguard website.