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Posted by iarwain on December 27, 2007, 8:01 am
This is a very basic question, I'm surprised I haven't thought of it
before. The market price of a mutual fund, is it determined by the
demand of those wanting to buy it (as is a stock)? Or is determined
by the cost of the individual stocks within it (some sort of
mathematical additon/division/formula reflecting the actual value of
the stocks in the fund)?
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