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Net Asset ValueWhen 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. |
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