Low-volatility NAV: Difference between revisions

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imported>Doug Williamson
(Replace out of date quote.)
imported>Doug Williamson
(Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.)
 
Line 3: Line 3:
(LVNAV).
(LVNAV).


Low-volatility Net Asset Value.
A form of money market fund whose distributing shares maintain a ‘constant’ price, as long as certain criteria are met.
 
 
Money Market Fund (MMF) reforms in 2019 replaced [prime] constant net asset value (CNAV) funds with two new categories:
 
: - the Public Debt CNAV fund, and
 
: - the low-volatility NAV (LNAV) fund.




== See also ==
== See also ==
* [[Constant net asset value]]
* [[Constant net asset value]]
* [[Distributing]]
* [[Money market fund]]
* [[Money market fund]]
* [[Money Market Funds Regulation]]
* [[Money Market Funds Regulation]]

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