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    Fund's net asset value

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    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

    © BrainMass Inc. brainmass.com June 3, 2020, 9:35 pm ad1c9bdddf
    https://brainmass.com/business/accounting/net-asset-value-fund-189277

    Solution Preview

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

    Solution Summary

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

    $2.19

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