1. 5082 POINTS
    J Paul Wilson CFP, CHFC
    Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada
    The Net Asset value of a Mutual Fund is the fund's value per share market value. This is the price investor buy fund shares from the mutual fund company.

    It is calculated by dividing the total assets of the fund, cash stocks and other securities less any outstanding liabilities  by the toal number of shares outstanding. The calculation is done daily based on closing market values.

    If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.If you would like to work with a local Retirement Planner, you could start with a Google search. For example, if you search for: retirement planner Halifax or retirement planning Halifax, my name, along with several others, will come up. You can use the same method to find Retirement Planners in your community.
    Answered on June 19, 2014
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