Search: NAV
RBA Glossary definition for NAV
NAV – net asset value
Search Results
Exchange-traded Funds
10 Mar 2011
Bulletin
– March 2011
Creations and redemptions of ETF shares occur on an on-going basis and are priced at the net asset value (NAV) of the assets held by the fund. ... On the secondary market, ETF prices are determined through intraday trading on the stock exchange, but
https://www.rba.gov.au/publications/bulletin/2011/mar/8.html
The Australian Exchange-traded Funds Market
15 Jun 2017
Bulletin
– June 2017
Assets under management in the Australian exchange-traded funds (ETF) market have more than tripled over the past four years to around billion. ETFs enable investors to gain exposure to a wide range of assets at relatively low cost. Australian ETFs
https://www.rba.gov.au/publications/bulletin/2017/jun/6.html
Recent Developments in Asset Management – Central Counterparty Risk Controls and Incentives
18 Jun 2015
Bulletin
– June 2015
The global asset management industry has grown rapidly following the global financial crisis. International standard-setting bodies and national regulators are working to better understand and, if necessary, address potential financial stability
https://www.rba.gov.au/publications/bulletin/2015/jun/8.html
Table A1: Indicators for Identifying Global Systemically Important Financial Institutions
6 Oct 2022
Bulletin
– December 2014
Net assets under management (AUM) or net asset value (NAV) for the fund. ... Ratio (%) of NAV managed using high frequency trading strategies. Weighted-average portfolio liquidity (in days)/weighted-average investor liquidity (in days).
https://www.rba.gov.au/publications/bulletin/2014/dec/8-table-a1.html
The Rise of Chinese Money Market Funds
16 Mar 2017
Bulletin
– March 2017
Money market funds (MMFs) pool funds in an investment vehicle to invest in short-term, highly rated securities. The MMF sector in China has grown rapidly over the past few years and is now the world's second largest by assets, though it is small
https://www.rba.gov.au/publications/bulletin/2017/mar/9.html
Regulatory Developments
10 Apr 2018
FSR
– April 2018
IOSCO reviewed implementation of reforms in three areas: valuation practices; liquidity management; and MMFs that offer a stable net asset value (NAV) (the latter can be more vulnerable to redemption runs ... IOSCO concluded that further work is also
https://www.rba.gov.au/publications/fsr/2018/apr/regulatory-developments.html
The Economics of Shadow Banking | Conference – 2013
19 Aug 2013
Conferences
In the crisis, this necessitated government support (McCabe 2011). Reforms currently being contemplated include lowering the average asset maturity of MMMFs, introducing capital requirements, requiring a floating NAV (as is largely ... the case in Europe)
https://www.rba.gov.au/publications/confs/2013/singh.html
Box A: Risks from Investment Funds and the COVID-19 Pandemic
9 Oct 2020
FSR
– October 2020
In short, constant NAV funds tightly limit variability in their share price, whereas variable NAV funds offer more variability. ... As such, constant NAV funds are seen as prone to large redemptions because they provide investors with a ‘first mover
https://www.rba.gov.au/publications/fsr/2020/oct/box-a-risks-from-investment-funds-and-the-covid-19-pandemic.html
Developments in the Financial System Architecture
10 Mar 2013
FSR
– March 2013
The standards also address the issue of MMFs that offer a stable net asset value (NAV), as is common in the United States, which exposes them to the risk of investor ... The International Organization of Securities Commissions (IOSCO) released its final
https://www.rba.gov.au/publications/fsr/2013/mar/dev-fin-sys-arch.html