What does NAVPS stand for?

NAVPS stands for Net Asset Value Per Share. This term is crucial in the context of investment funds as it represents the value of one share of the fund, calculated by dividing the total net assets of the fund by the number of shares outstanding. Investors use NAVPS to determine the price at which they can buy or sell shares of a mutual fund. It is a key measure for assessing the value and performance of investment funds, allowing investors to make informed decisions. Understanding NAVPS is essential for anyone involved in investment management, as it reflects the fund's current worth on a per-share basis.