StocksIntraday Cash & Cash Equivalents Stop Order Frequency Return on Capital (return on invested capital) Correction
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.
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