The Drivers Module shows relationships between BNY Mellon's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of BNY Mellon US Dollar Liquidity C over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities.
BNY Mellon US Net Asset vs. Minimum Initial Investment Fundamental Analysis
BNY Mellon US Dollar Liquidity C is rated # 2 fund in minimum initial investment among similar funds. It is rated # 3 fund in net asset among similar funds making up about 686.00 of Net Asset per Minimum Initial Investment. Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it from random trades that may negatively affect fund strategy.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.
BNY Mellon US Net Asset Comparison
BNY Mellon is currently under evaluation in net asset among similar funds.