The Net Asset Value (NAV) is the value of the underlying securities based on quoted mid-market prices, together with other assets, less liabilities, and divided by the number of Shares in issue. It is quoted in pence per Share.
The rate of return on an investment without adjustment for inflation. The declining value of money in terms of its spending power is ignored.
These are goods where demand is not governed by the economic cycle. It covers the following:
- Beverages
- Food Producers & Processors
- Health
- Packaging
- Personal Care & Housing Products
- Pharmaceuticals
- Tobacco