Net asset value: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) (Created page with "The value of an investment fund from the investor’s perspective. Generally assets minus liabilities: assets being the investments your investment manager has put you...") |
(No difference)
|
Revision as of 19:39, 10 December 2016
The value of an investment fund from the investor’s perspective. Generally assets minus liabilities: assets being the investments your investment manager has put you into; liabilities usually taking the shape of money borrowed by the fund to lever up your investment, which you have to pay back first — your name is Vega, and you live on the second floor — and any unfunded investments (like swaps) that happen to be under water for the time being.