Constant net asset value: Difference between revisions
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imported>Doug Williamson (Undo revision 20808 by Doug Williamson (talk)) |
imported>Doug Williamson m (Categorise.) |
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* [[Variable net asset value]] | * [[Variable net asset value]] | ||
* [[Money market fund reform: a light at the end of the tunnel?]] | * [[Money market fund reform: a light at the end of the tunnel?]] | ||
[[Category:Financial_management]] | |||
[[Category:Corporate_finance]] | |||
Revision as of 12:26, 22 February 2018
(CNAV).
A constant net asset value per share money market fund.
A money market fund which aims to maintain its distributing shares at a ‘constant’ value of for example USD 1, EUR 1 or GBP 1, by using an amortised cost basis of accounting for the value of its underlying portfolio of money market instruments.
