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T THE NEWBIE NEWSLETTER OF THE NEWFOUNDLAND STUDY GROUP OF SNAPS Number 66 May/June 1997 EDIT 'OR IS NOTES Hi, 01con7e to our 66th edition of the Newbie Newsletter. The weather seems to be getting
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Maybna stands for 'Market Value Based Net Asset'. It is a financial statement that calculates the net asset value of an investment portfolio based on the market value of the assets.
Investment funds and portfolio managers are required to file maybna.
Maybna is filled out by calculating the market value of all the assets in the investment portfolio and subtracting any liabilities to determine the net asset value.
The purpose of maybna is to provide an accurate valuation of an investment portfolio based on current market conditions.
Maybna must include details of the assets held in the portfolio, their market values, any liabilities, and the calculated net asset value.
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