Glossary - N
NAVSee Net Asset Value
Net Asset ValueThe market value of a mutual fund share. This is the price at which shares of a mutual fund are bought or sold. Net Asset Value is determined by subtracting the fund’s liabilities from the fund’s assets and dividing the result by the total number of shares outstanding.
NetworkA contracted group of physicians, hospitals and ancillary providers that offer healthcare services to members.
Non-qualified DistributionsDistributions that do not qualify as reimbursable medical expenses.
Introducing UMB HSA Saver
UMB HSA Saver is a unique investment platform designed with ease in mind. Account holders can easily research, buy and sell funds with a couple clicks.