NAV

NOI (Net Operating Income) is a metric that measures the net operating income of a property or investment portfolio before accounting for interest, taxes, depreciation, and amortization. It is calculated as the difference between the total income generated by the property (e.g., rent) and the operating expenses (e.g., maintenance, management). NOI provides an overview of the profitability and efficiency of operating the property and is an important indicator when evaluating its investment performance.

Ongoing fees are costs that are regularly charged for the management and maintenance of an investment fund or portfolio. These fees may include management fees, advisory fees, administration costs, and other services related to investment activities. Ongoing fees are typically expressed as a percentage of the value of the assets under management and may be charged on an annual or monthly basis. These fees affect the net return on investment, and it is important to take them into account when evaluating the costs and benefits of investing.

An open-end mutual fund is a type of investment fund that allows investors to buy and sell shares essentially at any time. This type of fund does not limit the number of shares that can be issued, and its price is regularly updated based on the fund's asset value, usually at the end of the trading day. Open-end mutual funds provide investors with flexibility, liquidity, and access to a diversified portfolio of various investments. They are managed by professional fund managers who are responsible for the investment strategy and asset selection.

The P/B (price-to-book ratio) is a financial metric that compares a company's market price per share with its book value per share. This ratio is calculated by dividing the market price of a single share by the book value of one share (the company's equity divided by the number of outstanding shares). The P/B ratio is used to assess whether a stock is undervalued or overvalued relative to the company's book value. A lower P/B may indicate that the stock is undervalued or that the company is facing issues, while a higher P/B could suggest overvaluation or expectations of higher growth.

Performance of a fund refers to the ability of an investment fund to generate returns in comparison to its objectives and benchmarks. It is typically measured as the percentage growth of the fund's value over a specific period, including the consideration of dividends and interest. A fund's performance can be evaluated over various time horizons, such as monthly, quarterly, or annually. It is important to compare the fund's performance to a reference index or benchmark to determine how well the fund is meeting its investment goals and how effectively it is utilizing its capital. To obtain a complete picture of the fund's efficiency, performance evaluation may also consider the risks the fund is taking.