Stable net asset value and Statement of recommended practice: Difference between pages

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imported>Doug Williamson
(Create page - source - BNY Mellon - https://im.bnymellon.com/us/en/cash-management/breakeven-calculator.jsp)
 
imported>Doug Williamson
(Update due to name change.)
 
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''Money market funds''.
(SORP).  


(SNAV). 
Recommendations for accounting practices for specialised industries or sectors, issued by industry or sectoral bodies recognised by the UK Corporate Reporting Council for this purpose.
 
A form of money market fund whose distributing shares maintain a stable - or ‘constant’ - price through the application of amortised cost accounting, rather than marking to market the value of the investments held in its portfolio.
 
Also known as ''constant net asset value'' (CNAV) funds.




== See also ==
== See also ==
* [[Amortised cost]]
* [[Accounting standards]]
* [[Constant net asset value]]
* [[Corporate Reporting Council]]
* [[Distributing]]
* [[Exposure Draft]]
* [[Low-volatility NAV]]
* [[Mark to market]]
* [[Money market fund]]
* [[Net asset value]]
* [[Variable net asset value]]


[[Category:Cash_management]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 09:24, 3 April 2019

(SORP).

Recommendations for accounting practices for specialised industries or sectors, issued by industry or sectoral bodies recognised by the UK Corporate Reporting Council for this purpose.


See also

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