Dublin,
Financial Times interactive data, FTID, evs, Dublin based
funds, information for funds, fund information, nav calculation,
evaluated securities, illiquid bond pricing, Best No-Load,
Best Performing, Bonds, Brokers, Closed End Funds, Day Trading
In Europe, Education, Equities, Equity, Equity Index Fund,
Exchange, Exchange Traded Funds, Exchange-Traded, Fidelity,
Financial Planning, Fund Rating, Fund Research, Hedge Funds,
Index Funds, Index Funds, Index Investing, Indexed, Indexing,
Insurance, Interest, Investing, Investing, Investing, Investment,
Investments, Janus Funds, London Stock Exchange, Markets,
Money, Morningstar Is A Good Site To Look At , Mutual Fund,
Mutual Funds, Mutualfunds, Mutuals, Nasdaq, Easdaq, Financial
News, financial times, Journal, editors, editor, Nikkei, No
Load Funds, No-Load Mutual Funds, Nyse, Personal Finances,
Quotes, Retirement, Savings, Schwab, Shares, Stock Market,
Stock Quotes, Stocks, Ticker, Top Mutual, Trade, Variable
Annuity fund, Wall Street,
Simple Sample Valuation
Using Convenient Figures
ABC European Smaller
Companies Fund
Detail
GBP
Mid market
value of the securities in the fund (100 different shareholdings
valued independently) These are known as the underlying assets
50.000.000
Cash
400.000
Total
Net Asset Value of the Fund
50.400.000
Number
of units / shares in issue
25.200.000
Therefore
NAV per unit
= £ 2
Where a single price
is quoted for the fund's shares (as is usually the case), a dilution
levy may be charged at the time of making the investment or possibly
at the time of redeeming the shares
- this accrues to the
fund and is designed to compensate the fund for the fact that the shares
have a single price, whereas most of the securities into which it invests
are quoted on stock markets on a bid and offer basis e.g. shares in
the equity ABC may be quoted at £95/£100
- meaning that they may
be bought at £100 and sold at £95 - the difference being the share dealer's
margin
