18.12.08
‘Can my mutual fund NAVPs drop to zero?’
- Investing, Mutual Funds -
It’s my pediatrician this time
.
“Hi Salve. You know what, I’m keeping my mutual fund investments. After all, I’m investing for the long-term naman eh. As long as the value of my shares don’t go down to zero!,” she said.
This appears to be a common concern among mutual fund investors, who have watched the net asset value per share (NAVPs) of their mutual fund holdings drop to precarious levels this year. Many have decided to stop checking the values every day as the movements make them nervous. Others have decided to withdraw their investments altogether even at a huge loss.
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