PNB Met Life Net Asset vs. Cash Position Weight Fundamental Analysis
PNB Met Life Multiplier is one of the top funds in cash position weight among similar funds. It is one of the top funds in net asset among similar funds making up about 2,355,283,308 of Net Asset per Cash Position Weight. Percentage of fund asset invested in cash equivalents or risk free instruments. About 40% of all global funds carry cash on their balance sheet.
Funds or Etfs that have over 40% of their value invested in low risk instruments or cash equivalents typically attract conservative investors.Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
PNB Met Life Net Asset Comparison
PNB Met is currently under evaluation in net asset among similar funds.