The price for an ETF and active ETF is set by the last traded price. The Intelligent Investor funds net asset value (NAV) (displayed on each of our fund pages in the key facts section) will reflect the movements of the investments each fund holds.

If there are no transactions that day for an ETF it’s share price will not reflect the movement in NAV. However, you’ll note the market maker moves the buy/sell price to follow the NAV providing liquidity at the buy price and sell price for investors.