Net asset value (NAV)

asset-value-nav/" data-gt-translate-attributes='[{"attribute":"data-cmtooltip", "format":"html"}]' tabindex='0' role='link'>Net asset value (NAV) – Used to calculate the ‘per share’ Naira amount of a fund. NAV represents the fund’s market price. It is derived by taking the total value of all the securities in the fund (or portfolio) minus any liabilities divided by the number of shares outstanding. NAV = Total Value of Securities -Liabilities / Shares Outstanding Nominal value (or face value or par value or notional amount) – The value of a security that is set by the company issuing it; unrelated to market value. For stocks it is the original cost of the stocks; for bonds it is the amount paid to the holder at maturity.