How often are a fund's investments valued for NAV?
AOnly once, at fund launch
BOnce in every ten years
CDaily, weekly or monthly
DOnly when the board votes
Answer & Solution
Correct answer: C. Daily, weekly or monthly
Valuation frequency varies with the fund and its regulatory or sponsor requirements.
Keep practising Mutual Funds
Browse all Mutual Funds questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
What risk can arise when an ETF tracks assets using futures and swaps?Replication in an index ETF means doing what?An ETF arbitrage mechanism keeps which two values close?Who creates and redeems ETF shares directly with the issuer in large blocks?How does an ETF share differ from an open-end mutual fund unit?What is mismarking in securities valuation?How many units does a $50,000 investment buy in a no-load fund at NAV of $25?A fund has NAV of $300 million and 2 million units. How many units does a $30 million inve