Purchase Solution

Fund's net asset value

Not what you're looking for?

Ask Custom Question

The Neptune Value Fund has sold 150,000 shares to investors. Currently the fund has accrued investment management fee obligations of $50,000. The fund's portfolio is shown below. Calculate the fund's net asset value.

Stock A $50,000 $10 per share

Stock B $20,000 $7 per share

Stock C $35,000 $30 per share

Stock D $10,000 $100 per share

Purchase this Solution
Solution Summary

This solution provides assistance in the computation of fund's net asset value.

Solution Preview

As per investopedia: In terms of corporate valuations, the value of assets less liabilities ...

Purchase this Solution
Free BrainMass Quizzes
Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

View More Free Quizzes
Related BrainMass Solutions

  • What is the net asset value of the fund?

    The expert examines the net asset value of a fund.

  • Twenty-First Century

    It trades at a 10 percent discount from net asset value (NAV). a. What is the net asset values (NAV) "Net asset value," or "NAV," of an investment company is the company's total assets minus its total liabilities.

  • Percentage return

    365708 Percentage return A mutual fund's net asset is $50, but the fund charges, but the fund charges an exit fee of 1 percent of net asset value and a load fee of 4 percent of net asset value. An individual purchases the shares.

  • Mutual fund risk exposure

    The net asset value of a mutual fund is the market value of the securities divided by the number of shares of the mutual fund which are outstanding. Thus the net asset value of the mutual fund is exposed to the interest rate risk.

  • This post discusses various economics topics.

    value falls outside the fund's range of optimality.

  • Various Financial Questions

    2) If a mutual fund's net asset value is $23.40 and the fund sells its shares for $25, what is the load fee as a percentage of the net asset value?

  • operating expenses of types of mutual funds

    The reasons why open-end fixed income mutual fund will have higher operating costs is that the fund has to issue new shares to investor based on the current net asset value and redeem the shares when the investor decides to sell.

  • Fund accounting: Fiduciary funds vs. permanent funds

    Prepared the fund's year-end statement of fiduciary net assets. Discussed how is the fund reported in the city's government-wide statements.

  • Investment Management Learning Questions

    The Blue Star Fund has assets with a market value of $10.3 million and liabilities of $207,000. What is the net asset value if there are 175,000 shares outstanding? 7. Aaron purchased 200 shares of a technology stock for $14.80 a share.

View More Related Solutions