Not Applicable, unless otherwise stated.
The market value of the fund’s total assets plus income less expenses.
This is one of the pricing methods for Unit Trusts. NAV is the market value of the fund’s total assets plus income less expenses. Example of NAV pricing Investment amount S$5,000 Initial sales charge 5% NAV price = S$10.00 per unit Investment amount after deducting initial sales charge = S$5,000 – 0.05X 5,000 = S$5,000 – 250 = S$4,750 Total
This is an excellent gauge of a person’s financial health. A person is technically insolvent if net worth is less than zero, possibly due to lack of financial planning. Net worth will vary through a person’s life. If you have just started on a career, it is most likely that your net worth is relatively low as liabilities like a