What is Net Asset Value (NAV)? | SIE, SERIES6, SERIES7 Exam Prep

NAV is the per-share value of a mutual fund or ETF, calculated by dividing total assets minus liabilities by the number of outstanding shares. 📚 Learn more about Net Asset Value (NAV) and other key terms for your SIE, SERIES6, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Net Asset Value (NAV) definition: https://www.open-exam-prep.com/glossary/net-asset-value 💡 Exam Tip: NAV is calculated at 4 PM ET. Orders after 4 PM get NEXT day's NAV. --- #securities #examprep #financeexam #sie #series6 #series7