A very common measure of the underlying value of a share in an investment company. The NAVs on the AIC site are are Morningstar estimates, based on the last close.
A very common measure of the underlying value of a share in an investment company.
In basic terms, the net asset value (NAV) is the value of the investment company’s assets, less any liabilities it has. The NAV per share is the NAV divided by the number of shares in issue. This will very often be different to the share price. The difference is known as the discount or premium.
Learn more about discounts and premiums