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| Mutual Funds and NAVs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In the previous lesson, we examined the mutual fund's NAV, its net asset value (or price per share). NAVs seem similar to stock prices; after all, both represent the price of one share of an investment. Both appear in newspapers and on financial Web sites. But that's where the similarities between NAVs and stock prices end. Next:
Calculating the NAV >> | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Learn how to invest in mutual funds like a pro with Morningstar's Fearless Investing Series of workbooks (John Wiley & Sons, 2005). Click here for more information. | ||
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