Everything happens in units in the mutual fund world.
When you invest in a mutual fund, Units are what you purchase and sell.
When you invest in a mutual fund, you are purchasing mutual fund units.
When you withdraw or reinvest from a mutual fund, you sell the mutual fund’s units.
The price of each unit is referred to as NAV, and it fluctuates over time.
The NAV, or price of a unit, is a direct representation of the mutual fund’s holdings/investments.
