Calculator
Formula Used
Total Assets = Portfolio Market Value + Cash + Receivables + Accrued Income + Other Assets
Total Liabilities = Loan Payable + Expense Payable + Management Fee + Tax Accrual + Pending Distribution + Other Liabilities
Net Assets = Total Assets - Total Liabilities + Valuation Adjustment
NAV Per Unit = Net Assets / Units Outstanding
How to Use This Calculator
Enter all asset balances for the same valuation date.
Add every payable, fee, tax, and distribution liability.
Use the adjustment field for special valuation corrections.
Enter issued units or shares outstanding.
Press Calculate to view the NAV result above the form.
Use CSV or PDF buttons to download a report.
Example Data Table
| Item | Example Value | Type |
|---|---|---|
| Portfolio Market Value | 1,000,000 | Asset |
| Cash Balance | 85,000 | Asset |
| Receivables | 22,000 | Asset |
| Total Liabilities | 102,000 | Liability |
| Units Outstanding | 100,000 | Unit Count |
| Estimated NAV Per Unit | 10.1600 | Result |
Understanding Net Asset Value
Net asset value is a daily snapshot of an investment pool. It compares everything the fund owns with everything it owes. The remaining amount belongs to investors. When that amount is divided by issued units, the result becomes NAV per unit. This figure helps users price entries, exits, reports, and internal reviews.
Why NAV Matters
NAV gives a clean view of fund value. It supports fair dealing between new and existing investors. A strong process also reduces manual errors. Assets may include securities, cash, receivables, and accrued income. Liabilities may include loans, fees, taxes, distributions, and operating expenses. Each item should be updated before the calculation is approved.
Using Detailed Inputs
This calculator separates asset and liability groups. That makes the result easier to audit. You can enter portfolio market value, cash, income, and other assets. You can also enter payable balances, fee accruals, tax accruals, and distributions. The adjustment field helps record pricing corrections or special valuation entries. Positive adjustments increase net assets. Negative adjustments reduce them.
Reading the Result
The main output is NAV per unit. The calculator also shows gross assets, total liabilities, net assets, liabilities per unit, and asset coverage. Asset coverage compares net assets with gross assets. A higher percentage usually means fewer liabilities are consuming fund value. However, the number should be reviewed with the fund type and accounting policy.
Good Calculation Practice
Use consistent dates for every input. Do not mix closing market prices with next day cash balances. Check units outstanding after subscriptions, redemptions, splits, and consolidations. Review unusual changes before publishing a final price. Keep a record of the formula and downloaded report. That record can support audit checks, manager review, and investor communication.
Limitations
NAV is only as reliable as the values entered. Illiquid assets may need professional valuation. Pending trades can also change the final figure. This tool is useful for planning and checking. It should not replace formal fund accounting controls, legal documents, or professional advice.
Workflow Tip
Save one report for each valuation date. Compare it with bank records, broker statements, and investor unit ledgers. Small checks help catch missing income, unpaid expenses, duplicate liabilities, and stale market values before final price release.
FAQs
What is net asset value?
Net asset value is the value left after liabilities are deducted from assets. For funds, it is usually divided by outstanding units to find value per unit.
How is NAV per unit calculated?
NAV per unit is calculated by dividing net assets by units outstanding. Net assets equal total assets minus total liabilities, plus or minus any valuation adjustment.
What should I enter as assets?
Enter portfolio market value, cash, receivables, accrued income, and other valid assets. Use balances from the same valuation date for cleaner results.
What should I enter as liabilities?
Enter loans, unpaid expenses, fee accruals, taxes, pending distributions, and other obligations. These reduce the value available to unit holders.
Can the valuation adjustment be negative?
Yes. Use a negative adjustment for write-downs, pricing corrections, or special deductions. Use a positive adjustment for approved increases in value.
Why are units outstanding important?
Units outstanding spread net assets across investors. A wrong unit count can make the NAV per unit too high or too low.
Does this calculator replace fund accounting?
No. It supports quick estimates and reviews. Formal fund pricing should follow accounting policies, valuation rules, and professional review procedures.
Can I download the result?
Yes. Use the CSV button for spreadsheet records. Use the PDF button for a simple report that can be saved or shared.