FNAV: Difference between revisions
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imported>Doug Williamson (Create the page. Source: John Grout's blog 28 July 2014, 'US money-fund rules...' http://www.treasurers.org/node/10339) |
imported>Doug Williamson (Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.) |
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Floating Net Asset Value. | Floating Net Asset Value. | ||
A form of money market fund whose distributing shares maintain a floating price through the marking to market the value of the investments held in its portfolio. | |||
The same as Variable net asset value. | The same as Variable net asset value. | ||
Revision as of 12:30, 16 February 2022
Floating Net Asset Value.
A form of money market fund whose distributing shares maintain a floating price through the marking to market the value of the investments held in its portfolio.
The same as Variable net asset value.
