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AUM stands for Assets Under Management. This is the net value of money that is currently being managed by the mutual fund house. It is a product of the no. Of units outstanding in the mutual fund and the net asset value. Let us say the NAV of a mutual fund is Rs. 20/- and there are 50000 units of the mutual fund sold till date, the net Assets Under Management would be Rs. 10 lakhs.
Alternately, the AUM can be considered as the total value of all investments at the end of a trading day that is held by a mutual fund house. It will be the value of all the individual shares held by the company + any cash components held in their accounts.
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How to calculate pro rata share?
Simplified and by way of example pro rata can be calculated as follows: Assume you have three contributing "pools," A, B and C. A contains $1,200,000.00 B contains $159,000.00 C contains $300,000.00 Now assume an "assessment" of $88,000.00 for which the three pools are obligated to pay on a pro rata share based on the pool value A's share will be ((A value) / (total value of all pools)) x (assessment) ($1,200,000 / ($1,200,000 + $159,000 + $300,000)) x $88,000 ($1,200,00 / $1,659,000) x $88,000 .7233273 x $88,000 = $63,652.80 Take the dollar amount of each mutual/stocks ÷ by total market value × client requested dollar amount. Your client calls requesting $10000 from his account. He has 8 mutual funds in the account with a total value of $30806.44. Example: Fund # 1. Has $4233.69 ÷ 30806.44 (which is the total value of all the mutual funds) then × $10000.00 (requested amount). You would do this for each remaining mutual fund in the account.
I'm seeing a negative sign in front of a number under the AUM column. What does this mean?
It means that something that you consider to be an asset, with some positive value, is regarded as a liability by the market.
What are Cumulative and non cumulative shares?
Cumulative shares are when the shares are combined and then evenly distributed to the share holders. Non cumulative preference shares are when they go to certain people first.
How accumulated fund is calculated?
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What is the Washington mutual and is it related to Washington?
Washington Mutual was a savings bank holding company. It's main headquarters were in Seattle, Washington. WAMU(Washinton Mutual) was the United States largest savings and loans association until it crashed in 2008.
