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What is the least value for an index of refraction?
NAV
Net Asset Value, the total value of a fund's assets minus its liabilities, often used to determine the price of shares in a mutual fund or ETF.
Year-End Assets
The total value of all assets held by an entity at the end of a financial year.
Liabilities
Financial obligations or debts that a company or individual owes to others, which need to be settled over time by transferring economic benefits.
Closed-End Funds
A type of investment fund with a fixed number of shares, traded on the stock exchange, unlike open-end funds which continuously issue new shares.
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