Q: Hello,
This is a general question about purchasing mutual funds... would you please clarify the significance of the NAV .. for instance I'm looking at a fund that shows 116% growth from 2011 to date but the NAV was $20.00 at launch and is currently $13.6797... shouldn't the NAV be higher? Thanks for your help, Jenn
This is a general question about purchasing mutual funds... would you please clarify the significance of the NAV .. for instance I'm looking at a fund that shows 116% growth from 2011 to date but the NAV was $20.00 at launch and is currently $13.6797... shouldn't the NAV be higher? Thanks for your help, Jenn