At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.
Sagot :
Answer:
calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding and may experience fluctuations in the number of shares outstanding on a daily basis
Explanation:
In the Open-end mutual funds it does not limit the no of shares what they are offering, purchase and sold on demand. In the case when the investor buy the shares in the opne-end fund so in this the fund is issued and at the time when the shares are sold by someone so they would be bought back from the fund
It should be determined the NAV depend upon the total amount of assets divided by the number of fund oustanding shares and might be experience fluctations
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.
