How does net asset value relate to Exchange Traded Funds (ETFs)?
Last Updated: 13 Feb 2017
An Exchange Traded Fund’s (ETF’s) value is based on the Net Asset Value (NAV) of the underlying assets that it represents. The NAV is the total value of the assets (securities, cash and accrued earnings) held in a fund minus any liabilities, divided by the number of units of the fund on issue outstanding.
Find out how to use you Portfolio in Online Share Trading in our guide.
Did this answer your question?
Related Answers
-
Any foreign dividends received by ASB Securities will be credited to your Foreign Currency Account (FCA) account in the currency ...
-
Exchange Traded Funds (ETFs) are investment funds that trade much like shares. An ETF can hold assets such as shares, ...
-
To update your Common Shareholder Number (CSN), please call us on 0800 272 732 weekdays 7am-6pm. Find out more about ...
-
Australian shares can be held in two ways. Broker sponsored holdings Your shares are held in an account with a ...
-
Yes. Orders involving any of the following can only be placed over the telephone by calling our share trading team ...
-
A capital note is a short-term bond issued by a company to help pay company liabilities. When you buy a ...
-
Exchange Traded Funds (ETFs) trade much like shares on the market. ETFs can be traded through Online Share trading on ...
-
A Shareholder Reference Number (SRN) is used to identify your Issuer Sponsored Shares listed on Australian Stock Exchange (ASX). Issuer ...
-
You can find out how much it costs to trade with ASB Securites on the ASB Securites rates and fees ...
-
A beneficial owner is the person or persons whom enjoy the benefits of ownership even though title could be in ...
