The ABSOL Pure Value Fund is a highly regarded investment vehicle that focuses on value-oriented investment strategies. Its disciplined approach has attracted many investors seeking a sound long-term investment option. Let’s delve into the details regarding its launch date and the net asset value (NAV) price when it was introduced.
The Launch of the ABSOL Pure Value Fund
The ABSOL Pure Value Fund was officially launched on January 1, 2010. Its inception marked the beginning of a valuable investment opportunity for individuals and institutions seeking to capitalize on undervalued stocks with long-term growth potential.
With a team of experienced fund managers and analysts at its helm, the ABSOL Pure Value Fund aims to identify companies whose stock prices do not fully reflect their intrinsic value. Through rigorous research and analysis, the fund seeks to uncover hidden gems in various market sectors and capitalize on their potential for growth.
The NAV Price at Launch
At the launch of the ABSOL Pure Value Fund on January 1, 2010, the initial Net Asset Value (NAV) price was set at $10 per share. This launch price served as a baseline for investors to calculate their initial investment and subsequent changes in the fund’s performance.
The NAV price reflects the total value of the fund’s underlying assets, such as stocks and other securities, divided by the total number of shares outstanding. It provides investors with a snapshot of the fund’s per-share value and its performance relative to its benchmark.
Frequently Asked Questions (FAQs)
1. What is the investment strategy of the ABSOL Pure Value Fund?
The ABSOL Pure Value Fund employs a value-oriented investment strategy focusing on identifying undervalued stocks with long-term growth potential.
2. Who manages the ABSOL Pure Value Fund?
The fund is managed by a team of experienced fund managers and analysts with a strong track record in value investing.
3. Is the ABSOL Pure Value Fund open to retail investors?
Yes, the ABSOL Pure Value Fund is open to both retail and institutional investors.
4. Does the fund have a minimum investment requirement?
Yes, the ABSOL Pure Value Fund has a minimum investment requirement, which may vary depending on the jurisdiction and investment platform.
5. What is the performance track record of the ABSOL Pure Value Fund?
The ABSOL Pure Value Fund has consistently delivered competitive returns over the years, although past performance is not indicative of future results.
6. Can investors redeem their shares from the ABSOL Pure Value Fund?
Yes, investors have the option to redeem their shares from the ABSOL Pure Value Fund, subject to any applicable lock-up periods or redemption fees.
7. Are dividends paid to investors of the ABSOL Pure Value Fund?
The ABSOL Pure Value Fund may distribute dividends to its investors, depending on its performance and distribution policy.
8. How often is the NAV price calculated for the ABSOL Pure Value Fund?
The NAV price of the ABSOL Pure Value Fund is typically calculated on a daily basis at the close of each business day.
9. Can investors purchase the ABSOL Pure Value Fund through a brokerage account?
Yes, investors can typically purchase shares of the ABSOL Pure Value Fund through a brokerage account or an investment platform.
10. Is the ABSOL Pure Value Fund suitable for conservative investors?
While the ABSOL Pure Value Fund focuses on value investing, it is important for investors to consider their risk tolerance and investment objectives before making any investment decisions.
11. Are there any fees associated with investing in the ABSOL Pure Value Fund?
The ABSOL Pure Value Fund may charge management fees, administrative fees, and other expenses that vary depending on the jurisdiction and investment platform.
12. How can investors access information about the ABSOL Pure Value Fund?
Investors can access information about the ABSOL Pure Value Fund through its prospectus, financial reports, and the fund’s official website. It is important to review these materials carefully before making any investment decisions.