Net asset value (NAV)

The value of one share in a mutual fund

The NAV is calculated by dividing the fund's assets by the number of shares outstanding, and is usually equivalent to the market price of one share. Deutsche Börse (the Frankfurt Stock Exchange) computes the NAVs of the index funds listed in XTF® at regular intervals on behalf of the respective investment company, and publishes them like the prices of individual stocks.

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