Definition: The per-share value of a fund’s assets minus liabilities, often derived using automated pricing and valuation outputs.
Example: An example of NAV is a mutual fund with $100 million in investments, $10 million in cash on hand, $5 million in receivables, $100,000 in accrued income, $15 million in short-term liabilities, $5 million in long-term liabilities, and $20,000 in accrued expenses. The NAV would be the total assets ($115,100,000) minus total liabilities ($20,020,000) for a NAV of $95,080,000.
Explore the IVP NAV Solution
The IVP NAV Solution enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
