NAV

NAV is Net Asset Value. NAV is the total value of the fund's portfolio minus liabilities.

Usually, the NAV of a fund is calculated on a daily basis. You can get the NAV price on the UTMC’s website (examples: http://www.publicmutual.com.my, http://www.pacificmutual.com.my)

Unit Trust Management Company (UTMC) can choose to use are using Dual Pricing or Single Pricing method to display the “Price” to buy or sell. The main difference is either or not the Service Charge is included in the calculation. All UTMC in Malaysia is practicing Single Pricing now, no matter you buy or sell, you will refer to only 1 NAV price. However Service Charge calculation varies from UTMC to UTMC. In my previous blog, I have used the Buy and Sell of Unit Trust of Public Mutual Berhad as example.

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