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I've been utilizing an app that allows me to manually track all of my portfolios and see how investments are performing individually, per portfolio, and/or as an entire financial asset. I've pulled in stocks and mutual funds across Charles Schwab and Fidelity just fine but when I get to Nationwide, I noticed that instead of displaying my contribution transactions as something like

# of shares * net assessed value = amount contributed 

they're instead providing

# of units * unit value = amount contributed

So for the example of the international mutual fund RERGX, the NAV is $53.41; this is what I find across different websites and it's the data the app is clearly referencing as well. But with Nationwide, the Unit Value is 1.9198923 and no NAV is provided in the transaction history.

I have no idea what this represents or how to turn it into a meaningful number to use against the app.

  • Is this "unit value" what is referred to as an annuity unit (AUV) ? – 8protons Jul 3 at 22:30
  • Does the Nationwide website give an explanation? – RonJohn Jul 3 at 22:38
  • @RonJohn None that I've found in the last ~hour of looking. – 8protons Jul 3 at 22:38
  • Not sure if it's relevant, but I found a court case that describes nationwide using what they call "accumulation units". – kicken Jul 4 at 3:26
  • Need more information regarding nationwide as that doesnt tell us what type of investment this is. Is this your 401k or an annuity or life insuance? – FrankRizzo Jul 4 at 14:15

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