{"id":31218,"date":"2023-12-07T10:26:21","date_gmt":"2023-12-07T10:26:21","guid":{"rendered":"https:\/\/masterskills.org\/blog\/gia-tri-tai-san-rong-net-asset-value-nav-cua-qui-la-gi.html"},"modified":"2023-12-23T07:28:25","modified_gmt":"2023-12-23T00:28:25","slug":"gia-tri-tai-san-rong-net-asset-value-nav-cua-qui-la-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/gia-tri-tai-san-rong-net-asset-value-nav-cua-qui-la-gi.html","title":{"rendered":"Gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng (Net asset value – NAV) c\u1ee7a qu\u0129 l\u00e0 g\u00ec?"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda (Ngu\u1ed3n: Adobe Stock)<\/p>\n<\/div>\n<\/div>\n

Gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng (Net asset value – NAV)<\/font><\/h2>\n

Gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/b> – danh t\u1eeb, trong ti\u1ebfng Anh \u0111\u01b0\u1ee3c d\u00f9ng b\u1edfi c\u1ee5m t\u1eeb Net asset value<\/b>, vi\u1ebft t\u1eaft l\u00e0 NAV<\/b>.<\/p>\n

“Gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng (NAV)<\/i> l\u00e0 t\u1ed5ng gi\u00e1 tr\u1ecb c\u00e1c t\u00e0i s\u1ea3n v\u00e0 c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 c\u1ee7a Qu\u0129 tr\u1eeb \u0111i t\u1ed5ng gi\u00e1 tr\u1ecb n\u1ee3 ph\u1ea3i tr\u1ea3 c\u1ee7a Qu\u0129 t\u1ea1i th\u1eddi \u0111i\u1ec3m \u0111\u1ecbnh gi\u00e1.<\/p>\n

Ng\u01b0\u1eddi ta th\u01b0\u1eddng s\u1eed d\u1ee5ng ch\u1ec9 s\u1ed1 NAV\/\u0111vq (gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng <\/i>c\u1ee7a m\u1ed9t \u0111\u01a1n v\u1ecb qu\u0129) \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 gi\u00e1 tr\u1ecb ch\u1ee9ng ch\u1ec9 qu\u0129 tr\u00ean s\u1ed5 s\u00e1ch v\u00e0 gi\u00e1 ch\u1ee9ng ch\u1ec9 qu\u0129 mua v\u00e0o.” (Theo C\u00f4ng ty c\u1ed5 ph\u1ea7n qu\u1ea3n l\u00ed qu\u0129 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam – VFM<\/i>)<\/p>\n

Theo V\u0103n b\u1ea3n h\u1ee3p nh\u1ea5t s\u1ed1\u00a006\/VBHN-BTC\u00a0h\u01b0\u1edbng d\u1eabn v\u1ec1 vi\u1ec7c th\u00e0nh l\u1eadp v\u00e0 qu\u1ea3n l\u00ed<\/span> qu\u0129 m\u1edf<\/i>:<\/p>\n

“Gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> l\u00e0 t\u1ed5ng gi\u00e1 tr\u1ecb c\u00e1c t\u00e0i s\u1ea3n v\u00e0 c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 do Qu\u0129 s\u1edf h\u1eefu tr\u1eeb \u0111i c\u00e1c ngh\u0129a v\u1ee5 n\u1ee3 c\u1ee7a Qu\u0129 t\u1ea1i ng\u00e0y \u0111\u1ecbnh gi\u00e1.”<\/p>\n

C\u00f4ng th\u1ee9c x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/b><\/p>\n

NAV = (T\u1ed5ng gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n \u2013 T\u1ed5ng n\u1ee3) \/ S\u1ed1 l\u01b0\u1ee3ng ch\u1ee9ng kho\u00e1n ph\u00e1t h\u00e0nh, trong \u0111\u00f3: T\u1ed5ng gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n = T\u1ed5ng gi\u00e1 tr\u1ecb ch\u1ee9ng kho\u00e1n c\u1ee7a qu\u0129 t\u00ednh theo th\u1ecb gi\u00e1 + ti\u1ec1n m\u1eb7t.<\/p>\n

Qui \u0111\u1ecbnh<\/span> chung v\u1ec1 x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/font><\/h3>\n

1. C\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 c\u00f3 tr\u00e1ch nhi\u1ec7m x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> c\u1ee7a qu\u0129 v\u00e0 gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> tr\u00ean m\u1ed9t \u0111\u01a1n v\u1ecb qu\u0129 tr\u00ean c\u01a1 s\u1edf gi\u00e1 th\u1ecb tr\u01b0\u1eddng, ho\u1eb7c gi\u00e1 tr\u1ecb h\u1ee3p l\u00ed<\/span> (trong tr\u01b0\u1eddng h\u1ee3p kh\u00f4ng c\u00f3 gi\u00e1 th\u1ecb tr\u01b0\u1eddng) c\u1ee7a c\u00e1c t\u00e0i s\u1ea3n trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a qu\u0129.<\/p>\n

2. Danh s\u00e1ch c\u1ee7a t\u1ed1i thi\u1ec3u 03 t\u1ed5 ch\u1ee9c cung c\u1ea5p b\u00e1o gi\u00e1, kh\u00f4ng ph\u1ea3i l\u00e0 ng\u01b0\u1eddi c\u00f3 li\u00ean quan c\u1ee7a c\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 v\u00e0 ng\u00e2n h\u00e0ng gi\u00e1m s\u00e1t, ph\u1ea3i \u0111\u01b0\u1ee3c ban \u0111\u1ea1i di\u1ec7n qu\u0129 th\u00f4ng qua.<\/p>\n

3. C\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 ph\u1ea3i x\u00e2y d\u1ef1ng s\u1ed5 tay \u0111\u1ecbnh gi\u00e1 bao g\u1ed3m nh\u1eefng n\u1ed9i dung sau:<\/p>\n

a) Nguy\u00ean t\u1eafc, ti\u00eau ch\u00ed l\u1ef1a ch\u1ecdn, thay \u0111\u1ed5i c\u00e1c t\u1ed5 ch\u1ee9c cung c\u1ea5p b\u00e1o gi\u00e1. C\u00e1c nguy\u00ean t\u1eafc n\u00e0y c\u0169ng ph\u1ea3i \u0111\u01b0\u1ee3c qui \u0111\u1ecbnh<\/span> r\u00f5 t\u1ea1i \u0111i\u1ec1u l\u1ec7 qu\u0129;<\/p>\n

b) Nguy\u00ean t\u1eafc, qui tr\u00ecnh chi ti\u1ebft th\u1ef1c hi\u1ec7n c\u00e1c ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ecbnh gi\u00e1 ph\u00f9 h\u1ee3p v\u1edbi qui \u0111\u1ecbnh<\/span> c\u1ee7a ph\u00e1p lu\u1eadt, qui \u0111\u1ecbnh<\/span> t\u1ea1i \u0111i\u1ec1u l\u1ec7 qu\u0129 v\u00e0 th\u00f4ng l\u1ec7 qu\u1ed1c t\u1ebf.<\/p>\n

4. Nguy\u00ean t\u1eafc, qui tr\u00ecnh chi ti\u1ebft th\u1ef1c hi\u1ec7n c\u00e1c ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ecbnh gi\u00e1 ph\u1ea3i r\u00f5 r\u00e0ng, h\u1ee3p l\u00ed<\/span> \u0111\u1ec3 \u00e1p d\u1ee5ng th\u1ed1ng nh\u1ea5t trong c\u00e1c \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng kh\u00e1c nhau, ph\u1ea3i \u0111\u01b0\u1ee3c ng\u00e2n h\u00e0ng gi\u00e1m s\u00e1t x\u00e1c nh\u1eadn v\u00e0 ban \u0111\u1ea1i di\u1ec7n qu\u0129, \u0111\u1ea1i h\u1ed9i nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u00ea chu\u1ea9n.<\/p>\n

5. Gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> c\u1ee7a qu\u0129, gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> tr\u00ean m\u1ed9t \u0111\u01a1n v\u1ecb qu\u0129 ph\u1ea3i \u0111\u01b0\u1ee3c ng\u00e2n h\u00e0ng gi\u00e1m s\u00e1t x\u00e1c nh\u1eadn. Vi\u1ec7c x\u00e1c nh\u1eadn gi\u00e1 tr\u1ecb th\u1ef1c hi\u1ec7n b\u1eb1ng v\u0103n b\u1ea3n, ho\u1eb7c truy xu\u1ea5t th\u00f4ng qua h\u1ec7 th\u1ed1ng th\u00f4ng tin \u0111i\u1ec7n t\u1eed c\u1ee7a ng\u00e2n h\u00e0ng gi\u00e1m s\u00e1t \u0111\u00e3 \u0111\u01b0\u1ee3c c\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 ch\u1ea5p thu\u1eadn.\u00a0<\/p>\n

Tr\u01b0\u1eddng h\u1ee3p b\u1ecb \u0111\u1ecbnh gi\u00e1 sai, ng\u00e2n h\u00e0ng gi\u00e1m s\u00e1t ph\u1ea3i th\u00f4ng b\u00e1o v\u00e0 y\u00eau c\u1ea7u c\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 \u0111i\u1ec1u ch\u1ec9nh trong th\u1eddi h\u1ea1n 24 gi\u1edd.<\/p>\n

6. Trong th\u1eddi h\u1ea1n t\u1ed1i \u0111a 03 ng\u00e0y, k\u1ec3 t\u1eeb ng\u00e0y \u0111\u1ecbnh gi\u00e1, gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> c\u1ee7a qu\u0129, gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> tr\u00ean m\u1ed9t \u0111\u01a1n v\u1ecb qu\u0129 ph\u1ea3i \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 tr\u00ean c\u00e1c trang th\u00f4ng tin \u0111i\u1ec7n t\u1eed c\u1ee7a c\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129, \u0111\u1ea1i l\u00ed<\/span> ph\u00e2n ph\u1ed1i v\u00e0 c\u00e1c ph\u01b0\u01a1ng ti\u1ec7n th\u00f4ng tin \u0111\u1ea1i ch\u00fang theo qui \u0111\u1ecbnh<\/span> v\u1ec1 c\u00f4ng b\u1ed1 th\u00f4ng tin tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n.\u00a0<\/p>\n

7. C\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 \u0111\u01b0\u1ee3c \u1ee7y quy\u1ec1n cho t\u1ed5 ch\u1ee9c cung c\u1ea5p d\u1ecbch v\u1ee5 c\u00f3 li\u00ean quan x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> c\u1ee7a qu\u0129, gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng <\/i>tr\u00ean m\u1ed9t \u0111\u01a1n v\u1ecb qu\u0129. C\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 c\u00f3 tr\u00e1ch nhi\u1ec7m ki\u1ec3m tra, gi\u00e1m s\u00e1t b\u1ea3o \u0111\u1ea3m ho\u1ea1t \u0111\u1ed9ng x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> l\u00e0 ph\u00f9 h\u1ee3p c\u00e1c qui \u0111\u1ecbnh<\/span> c\u1ee7a ph\u00e1p lu\u1eadt, gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> \u0111\u01b0\u1ee3c t\u00ednh ch\u00ednh x\u00e1c.<\/p>\n

8. Trong th\u1eddi h\u1ea1n 03 ng\u00e0y, k\u1ec3 t\u1eeb ng\u00e0y gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/i> c\u1ee7a qu\u0129 gi\u1ea3m 50% so v\u1edbi m\u1ee9c v\u1ed1n huy \u0111\u1ed9ng ban \u0111\u1ea7u, ho\u1eb7c gi\u1ea3m xu\u1ed1ng th\u1ea5p h\u01a1n 30 t\u1ec9 \u0111\u1ed3ng, c\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 ph\u1ea3i b\u00e1o c\u00e1o \u1ee6y ban Ch\u1ee9ng kho\u00e1n Nh\u00e0 n\u01b0\u1edbc v\u00e0 \u0111\u1ec1 xu\u1ea5t ph\u01b0\u01a1ng \u00e1n kh\u1eafc ph\u1ee5c.\u00a0<\/p>\n

Tr\u01b0\u1eddng h\u1ee3p gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng<\/b> c\u1ee7a qu\u0129 gi\u1ea3m xu\u1ed1ng th\u1ea5p h\u01a1n 10 t\u1ec9 \u0111\u1ed3ng trong 06 th\u00e1ng li\u00ean t\u1ee5c, c\u00f4ng ty qu\u1ea3n l\u00ed<\/span> qu\u0129 ph\u1ea3i thanh l\u00ed<\/span> t\u00e0i s\u1ea3n \u0111\u1ec3 gi\u1ea3i th\u1ec3 qu\u0129 theo qui \u0111\u1ecbnh<\/span>. (Theo\u00a0V\u0103n b\u1ea3n h\u1ee3p nh\u1ea5t s\u1ed1\u00a006\/VBHN-BTC\u00a0h\u01b0\u1edbng d\u1eabn v\u1ec1 vi\u1ec7c th\u00e0nh l\u1eadp v\u00e0 qu\u1ea3n l\u00ed<\/span> qu\u0129 m\u1edf<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng (ti\u1ebfng Anh: Net asset value, vi\u1ebft t\u1eaft: NAV) l\u00e0 t\u1ed5ng gi\u00e1 tr\u1ecb c\u00e1c t\u00e0i s\u1ea3n v\u00e0 c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 c\u1ee7a Qu\u0129 tr\u1eeb \u0111i t\u1ed5ng gi\u00e1 tr\u1ecb n\u1ee3 ph\u1ea3i tr\u1ea3 c\u1ee7a Qu\u0129 t\u1ea1i th\u1eddi \u0111i\u1ec3m \u0111\u1ecbnh gi\u00e1.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31218"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31218"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31218\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}