NAV total return performance
For AIC statistics purposes, the theoretical total return on shareholders' funds per share, including the assumed £100 original investment at the beginning of the period specified, reflecting the change in net asset value (NAV) assuming that dividends paid to shareholders were reinvested at NAV at the time the shares were quoted ex-dividend. A way of measuring investment management performance of investment company which is not affected by movements in discounts/premiums.
Please note that whilst fair value NAVs including income are published on this site, the long term performance data is currently calculated using the diluted NAV with debt at par value and income excluded, except for the 1 and 3 year data, and the discrete data from 31 May 2008 which are calculated using the diluted NAV with debt at fair value and income included. This is due to a lack of historic cum income NAVs, with debt at fair value.
See net asset value and total return performance.
