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Stocks

Open End Mutual Fund

As savvy investors, it is important to understand the process of buying and selling shares in a fund. When purchasing shares, we do so directly from the fund. Similarly, when selling shares, we sell them directly back to the fund. It is also crucial to note that the share price is referred to as the Net Asset Value (NAV). This is the value of the fund's assets minus its liabilities, divided by the number of outstanding shares. Understanding these terms is crucial in navigating the world of finance.

Related terms

Split Shares

Understand the meaning and definition of Split Shares in the context of stock market, trading, and investments.

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Index Option

Understand the meaning and definition of Index Option in the context of stock market, trading, and investments.

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Pay Date

Understand the meaning and definition of Pay Date in the context of stock market, trading, and investments.

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Ask Size

Understand the meaning and definition of Ask Size in the context of stock market, trading, and investments.

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Debt Value

Understand the meaning and definition of Debt Value in the context of stock market, trading, and investments.

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