Sentences with phrase «day net asset value of the fund»

Creations / Redemptions occur at the end - of - day Net Asset Value of the fund to avoid dilution of existing fund shares.

Not exact matches

Conversely, shares of mutual funds are priced based on their net asset value (NAV) once at the end of the trading day.

Shares of mutual funds, on the other hand, can only be purchased at the end of the trading day at their net asset value price.

Liquidity: The Emerging Europe Fund can be purchased or sold at a net asset value (NAV) determined at the end of each trading day.

An ETF combines the evaluation feature of a mutual fund or unit investment trust, which can be bought or sold at the end of each trading day for its net asset value, with the tradability feature of a closed - end fund, which trades throughout the trading day at prices that may be more or less than its net asset value.

In particular, if you want to redeem your mutual fund shares during the day, you'll need to wait till the end of the day to get your Net Asset Value (NAV), and therefore your sale price, locked.

Close NAV — The closing Net Asset Value price of the fund the previous day.

Mutual funds are purchased at the end of each trading day using their net asset value.

Mutual fund share value, known as net asset value NAV, is calculated and announced once at the end of the trading day based on share prices of a portfolio's underlying securities.

NAV is determined at the end of each trading day by dividing the fund's net assets by the total number of fund shares.3 As of 12/31/2009, total net assets of VTSMX were $ 58,004,042,000 (about $ 58B) and there were 2,113,205,103 (about 2.1 B) shares; dividing the former by the latter yields a Net Asset Value per share of $ 27.45 (as of 12/31/2009net assets by the total number of fund shares.3 As of 12/31/2009, total net assets of VTSMX were $ 58,004,042,000 (about $ 58B) and there were 2,113,205,103 (about 2.1 B) shares; dividing the former by the latter yields a Net Asset Value per share of $ 27.45 (as of 12/31/2009net assets of VTSMX were $ 58,004,042,000 (about $ 58B) and there were 2,113,205,103 (about 2.1 B) shares; dividing the former by the latter yields a Net Asset Value per share of $ 27.45 (as of 12/31/2009Net Asset Value per share of $ 27.45 (as of 12/31/2009).4

Unlike an ETF's or a mutual fund's net asset value (NAV)-- which is only calculated at the end of each trading day — an ETF's market price can be expected to change throughout the day.

NextShares list and trade on Nasdaq and are priced at the fund's next end - of - day net asset value (NAV), plus or minus a trading cost determined when the trade executes.1 Trading costs are fully transparent and can be controlled using limit orders.

The net asset value of a fund is calculated after the close of each trading day.

Investors can withdraw their money from a mutual fund by selling, or redeeming, all or part of their mutual fund units on any business day at the net asset value (less any applicable sales charges).

The price of the fund is not determined until end of business day, when net asset value (NAV) is determined.

Mutual funds are typically purchased from and sold back to the investment company and priced at the end of the trading day, with the price determined by the net asset value (NAV) of the underlying securities.

Timing trades: With traditional mutual funds, you order your shares and buy them for the NAV (net asset value) at the end of the day.

Mutual fund prices don't fluctuate like stocks or ETFs, the net asset value is calculated just once at the end of each day.

ETFs do not have their net asset values calculated each day, as do typical mutual funds, but rather their prices may fluctuate throughout the day based on the rate of demand on the open market.

An important distinction is that the price of all NextShares trades equals the fund's next end - of - day net asset value per share (NAV), plus or minus a trading cost (premium / discount) determined in the market when the order executes.

The price of mutual fund shares is set in part by its current net asset value (NAV), which is calculated once per day.

In particular, if you want to redeem your mutual fund shares during the day, you'll need to wait till the end of the day to get your Net Asset Value (NAV), and therefore your sale price, locked.

The Mutual Fund Series» of the Purpose Funds are issued from the exact same fund as the ETF, but the key difference is that rather than being purchased and sold on the stock exchange, all purchases and redemptions are done through FundSERV using the end of day Net Asset Value («NAV&raquFund Series» of the Purpose Funds are issued from the exact same fund as the ETF, but the key difference is that rather than being purchased and sold on the stock exchange, all purchases and redemptions are done through FundSERV using the end of day Net Asset Value («NAV&raqufund as the ETF, but the key difference is that rather than being purchased and sold on the stock exchange, all purchases and redemptions are done through FundSERV using the end of day Net Asset Value («NAV»).

The required minimum will be specified as a percentage of the fund's net assets to be invested in «highly liquid investments» — meaning cash held by a fund and any investment that the fund reasonably believes is convertible into cash in current market conditions within three business days without significantly changing the market value of the investment.

So if I'm buying and selling that exchange traded fund and I want to put options or whatever on this thing, I have that option because it trades like a stock, versus a mutual fund, where it's going to close at net asset value at the end of the day.

The main difference is that ETFs trade during the day like a stock whereas a mutual fund can only be bought or sold at the net asset value, or NAV, at the end of the day.

With mutual funds you get the Net Asset Value, or NAV, at the end of the day.

Mutual fund shares are typically traded at the end of the trading day, when the net asset value (NAV), or the price of each share of the mutual fund, is calculated.

Investors must wait until the end of the day when the fund net asset value (NAV) is announced before knowing what price they paid for new shares when buying that day and the price they will receive for shares they sold that day.

The Funds generally determine their net asset value as of approximately 4:00 p.m. New York time each day the New York Stock exchange is open.

Open - end mutual funds: Investments in open - end mutual funds including money market funds are valued at their closing net asset value each business day and are categorized in level 1 of the fair value hierarchy.

Do you want the flexibility to trade intraday to buy that exchange - traded fund midday, or are you comfortable just setting your transaction for end - of - day when the fund transacts at its net asset value price?

To buy fund shares, investors send cash to the fund company and the fund company issues them new shares of the fund at that day's price (the fund's net asset value, or NAV).

Shares are bought and sold on demand at their net asset value (NAV), which is based on the value of the fund's underlying securities and is calculated at the end of the trading day.

With Vanguard, when you're transacting on the mutual fund side, that's at that end - of - day net asset value.

Under the SEC proposal, an ETF would be defined as a registered open - end management investment company that: • Issues (or redeems) creation units in exchange for the deposit (or delivery) of basket assets the current value of which is disseminated per share by a national securities exchange at regular intervals during the trading day; • Identifies itself as an ETF in any sales literature; • Issues shares that are approved for listing and trading on a securities exchange; • Discloses each business day on its publicly available web site the prior business day's net asset value and closing market price of the fund's shares, and the premium or discount of the closing market price against the net asset value of the fund's shares as a percentage of net asset value; and • Either is an index fund, or discloses each business day on its publicly available web site the identities and weighting of the component securities and other assets held by the fund.

Daily Accrual Fund: This type of fund typically declares income dividends each day that its net asset value is calculaFund: This type of fund typically declares income dividends each day that its net asset value is calculafund typically declares income dividends each day that its net asset value is calculated.

Unlike traditional mutual funds, where investment is made based on end of the day Net Asset Value (NAV), in case of ETFs, investment is made based on real - time NAV.

Unlike mutual funds, whose net asset value is only determined at the end of trading day, ETFs have no such restrictions.

Funds must compute their net asset value according to the rules set forth in their prospectuses; most compute their NAV at the end of each business day.

Open - end mutual funds must be willing to buy back («redeem») their shares from their investors at the net asset value (NAV) computed that day based upon the prices of the securities owned by the fund.

An ETF's net asset value per share at the close of each trading day is available on the fund's web page.

Every day, the fund uses the market prices of its holdings, deducts all applicable expenses / charges and arrives at the Net Asset Value or NAV.

Orders received by the transfer agent in good order on or prior to the close of the fund will be processed at the net asset value per share of the fund for that day.

ULIP NAV, in everyday terminology, refers to the Net Asset Value (NAV) of each unit of the ULIP fund on a particular day.

The collective value of all the securities purchased as per the market valuation on any day divided by the number of instruments gives the price per unit of the fund which is also called the Net Asset Value orvalue of all the securities purchased as per the market valuation on any day divided by the number of instruments gives the price per unit of the fund which is also called the Net Asset Value orValue or NAV.

The total value of stocks and shares purchased on any given day divided by the total number of such instruments determine the Net Asset Value of the fund which is the price of one unit of the value of stocks and shares purchased on any given day divided by the total number of such instruments determine the Net Asset Value of the fund which is the price of one unit of the Value of the fund which is the price of one unit of the fund.

Based on the NAV (Net Asset Value) of your funds, you are allocated a certain number of units for the day.

Fund Value is the total value of a particular fund, which is calculated by multiplying number of units in the fund with the net asset value (NAV) of the fund on that particular Fund Value is the total value of a particular fund, which is calculated by multiplying number of units in the fund with the net asset value (NAV) of the fund on that particularValue is the total value of a particular fund, which is calculated by multiplying number of units in the fund with the net asset value (NAV) of the fund on that particularvalue of a particular fund, which is calculated by multiplying number of units in the fund with the net asset value (NAV) of the fund on that particular fund, which is calculated by multiplying number of units in the fund with the net asset value (NAV) of the fund on that particular fund with the net asset value (NAV) of the fund on that particularvalue (NAV) of the fund on that particular fund on that particular day.