Net Asset Value (NAV)
The total of a fund’s assets, minus any liabilities and expenses, divided by the total number of units or shares in the fund. The NAV isn’t necessarily the same as the market price of a unit or share in a fund.
View AJ Bell fundsPopular terms
Market auction
A market auction refers to the process where buyers and sellers place orders to buy or sell investments, with those...
Fair Value Assessment (FVA)
A check on whether an investor receives a reasonable benefit from an investment product or service for the price they...
Aquis Stock Exchange
An alternative junior marketplace to the Alternative Investment Market (AIM), offering a place for small and typically less mature...