Managed Funds Confused about Nav Funds movements.

Discussion in 'Shares & Funds' started by artgul, 19th Mar, 2008.

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  1. artgul

    artgul Well-Known Member

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    1st Jul, 2015
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    Sydney
    :confused:Hi all,

    This may be a silly question but, I still haven't find the answer...:confused:

    Latly, I have noticed that every time the ASX200 goes up, NAV Fund goes down and viceversa. How can you explain that?.

    I'd assume that the stocks the Fund is holding will move up together with the Fund. At least, that was my observation in the past. What have changed? or What I'm missing? :confused:

    Thanks,

    artgul
     
    artgul, 19th Mar, 2008
    #1
  2. Simon Hampel

    Simon Hampel Founder Staff Member

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    3rd Jun, 2015
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    Location:
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    I think you have your data wrong - or at least confused - the fund tends to move in lock-step with the ASX200

    Remember, the unit price published this afternoon is from yesterday's market close - so you need to compare it to yesterday's movements on the ASX200.

    [chart=CC;NAV0001AU,XJO;thisq;none;20080319]NAV0001AU,XJO[/chart]
     
    Simon Hampel, 19th Mar, 2008
    #2