How do you calculate the NAV of a mutual fund?

You make investments with your hard-earned money. With each investment, you aim to increase the total value of the assets at your disposal. The net asset value (NAV) of a mutual fund helps you keep track of your investments from one market cycle to another. It explains the total value of your mutual funds and determines your portfolio’s return in the long run. 

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It’s important at the end of each business day to calculate NAV. Mutual fund houses or accounting firms hired by them calculate this value.

NAV and mutual funds

Simply put, NAV is the value per unit of the mutual fund minus all expenses and liabilities. It is the value of each unit of the fund in the market. NAV reflects the per-unit value generated by a mutual fund for its investors.

Depending on your financial goals and risk-return profile, you can invest in a variety of … Read more

This is a Guide for Planning a School Reunion Event

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Meeting friends at school is definitely a pleasure. It is inconceivable the excitement of memorized the past, especially considering the mischief and faddish that had been done before. Not a few who blushed because they met again with a former girl/boyfriend you’ve ever liked.

In order for the reunion to leave a deep impression, of course, it needs to be planned as well as possible. Therefore, being a reunion committee is often considered not an easy task. In addition, if you want a reunion event attended by many people, of course, you can not ask friends to pay much. However, it is undeniable that the reunion event requires funds to be held properly. Do you want to hold a reunion, but are constrained costs? Check out the following tips.

1. Strategic Places.

The halls or school grounds are an ideal choice for reunions. Certainly, many friends have rarely been to … Read more

Three effective rules to trade the major chart patterns

A chart pattern trading strategy is one of the most effective ways to secure big profits. Those who are trading the Forex market for more than two years knows the importance of chart pattern trading strategy. Unlike the novice Aussie traders, the pro traders at Saxo always prefer to trade the daily time frame. They look for potential chart patterns in the bigger time frame since it allows them to make huge profits. Things might seem very hard at the initial stage but once you learn to the mechanism of chart pattern trading strategy, you can easily make a huge profit. Let’s learn the three most important rules of chart pattern trading strategy.

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Trade with confirmation

The chart pattern trading technique is based on a breakout trading strategy. The breakout strategy is often considered to be a risky trading system since the market exhibit a false spike. Unless you … Read more