Constant net asset value: Difference between revisions
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(CNAV). A constant net asset value per share money market fund. A money market fund | (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. | |||
== See also == | == See also == | ||
* [[ | * [[Amortised cost]] | ||
* [[Money management]] | * [[Money management]] | ||
* [[Money market fund]] | * [[Money market fund]] | ||
* [[Variable net asset value]] | |||
* [[Money market fund reform: a light at the end of the tunnel?]] | |||
Revision as of 18:38, 4 December 2015
(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.
