How are Unit Trust prices calculated?

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How are Unit Trust prices calculated?

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The price of the unit (also known as net asset value) is calculated in the following way: Market value of Fund’s holdings $10,000,000 + cash $500,000 + accrued dividends/interest $50,000 less expenses (eg management, trustee, registrar fees) $15,000 Total S$ 10,535,000 Assume 10,000,000 units in issue Net Asset Value = 10,535,000 10,000,000 = 1.0535 NB An initial sales charge of up to 5% of the value of your investment may be deducted by your fund vendor.

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