Funds market price
E S 2 years ago • updated by Genesis Vision Support 2 years ago • 1
The ETF market price is the price at which shares in the ETF can be bought or sold on the exchanges during trading hours. The net asset value (NAV) of an ETF represents the value of each share's portion of the fund's underlying assets and cash at the end of the trading day.
I suggest adding a market price for a fund. It can work like this -
When creating a fund, it's market price is 100
Then when an investor looks at the fund, he can see if the fund is 120 it already went up 20%.
This has multiple advantages -
1. Following when I entered and when I leave a fund according to 1 value.
2. For taxes, this could be a good way to treat a fund as an asset instead of many inside trades. Like for ETFs.
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We would like to thank you for taking your time and sharing such interesting feedback! It was transferred to the team for further review. We really appreciate your desire to help us to improve our platform.
Have a great day!
Genesis Vision Team