Low-volatility NAV: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
(Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.)
 
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''Money market funds''.
''Money market funds''.


Low-volatility Net Asset Value.
(LVNAV).


 
A form of money market fund whose distributing shares maintain a ‘constant’ price, as long as certain criteria are met.
<span style="color:#4B0082">'''''Money market fund (MMF) reforms'''''</span>
 
:"Full implementation of MMF reforms won't take place until February 2019, but treasurers need to start preparing for the replacement of constant net asset value (CNAV) funds with two new categories:
 
: - the Public Debt CNAV fund, and
 
: - the low-volatility NAV (LNAV) fund.
 
 
:According to research from rating agency Moody's, LVNAV MMFs are likely to attract most of the funds currently invested in prime CNAV MMFs."
 
:''The Treasurer magazine, June 2018, p23 - Sarah Rundell, freelance journalist specialising in treasury and investment issues.''




== See also ==
== See also ==
* [[Constant net asset value]]
* [[Constant net asset value]]
* [[Distributing]]
* [[Money market fund]]
* [[Money market fund]]
* [[Money Market Funds Regulation]]
* [[Net asset value]]
* [[Net asset value]]
* [[Prime]]
* [[Prime]]
* [[Public Debt CNAV]]
* [[Public Debt CNAV]]
* [[Rating agencies]]
* [[Variable net asset value]]
* [[Variable net asset value]]
* [[Volatility]]
* [[Volatility]]
[[Category:Investment]]

Latest revision as of 14:57, 16 February 2022

Money market funds.

(LVNAV).

A form of money market fund whose distributing shares maintain a ‘constant’ price, as long as certain criteria are met.


See also