Fund’s Business Assets (NAV – Net Asset Value)

Business assets of the fund mean the total assets of the mutual fund. It consists of securities and other rights, account balances and deposits, claims for yields (yield compensation), but may also contain fixed-term financial instruments (such as options, futures, swaps, etc.). On the other hand, business assets reduce loans and other liabilities. The fund’s business assets are the sole property of the shareholders and the investment company is only its manager. Therefore, the fund’s assets remain in the hands of the shareholders even in the case of liquidation of the investment company or the depository.