Ex-dividend date
The date on which a fund´s net asset value (NAV) drops by an amount equal to the dividend and/or capital gains distribution (although market movements may alter somewhat the actual change in the fund´s closing NAV).
The date on which a fund´s net asset value (NAV) drops by an amount equal to the dividend and/or capital gains distribution (although market movements may alter somewhat the actual change in the fund´s closing NAV).