are the amount that would be left over if all of the unions assets had to be sold to satisfy all of the unions liabilities Sometimes called Net Worth or Members Equity
This is the excess of the book value of assets over liabilities If you have $100,000 of assets and $80,000 of liabilities, you have $20,000 of net assets
A calculation made by subtracting the institution's total liabilities from the total assets (financial resources available to the institution other than current year income, including accounts receivable, cash in the bank, the value of capital resources such as furniture, facilities and equipment, etc )
The total assets (net of liabilities) held in a fund Pay close attention to this statistic when investing in small-cap or aggressive equity funds Because of the illiquidity and volatility of the companies they buy, such funds need to be able to move quickly in and out of positions Having too much assets - more than $1 billion - can be a real detriment to their performance See "Aggressive Equity Fund for a Gen-Xer " BACK TO TOP
This is the value of a fund, calculated by subtracting any liabilities from total assets If a fund has very small net assets, it may indicate that the fund is quite young or has had trouble attracting investors On the opposite end, some investors feel that funds with huge net assets are less able to respond quickly in a changing market due to their size
The month-end net assets of the mutual fund, recorded in millions of dollars Net-asset figures are useful in gauging a fund's capitalization size, agility, and popularity
Excess of the value of securities owned, cash, receivables, and other assets over the liabilities of the company See also: Balance Sheet Topic areas: Fundraising and Financial Sustainability