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Is purchase and redemption in case of open-ended funds done at NAV (net asset value)?

April 26, 2017ASSET Case funds NAV NET open-ended purchase redemption value

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Is purchase and redemption in case of open-ended funds done at NAV (net asset value)?

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The purchase price will be higher than the NAV to the extent of the entry load and the redemption price will be lower than the NAV to the extent of the exit load.