1. Computing the net asset value of a mutual fund investment Most mutual funds invest money in hundreds of stocks, bonds, short-term securities, or other securities and assets; then, shares of the funds themselves are sold to individual investors. To understand how the value of a mutual fund's share is calculated based on the values of the assets it holds, consider the following simplified example of a mutual fund that owns shares of only four different stocks. Stock Symbol Current Market Price Number of Shares Total Value of Shares QtrF $109.32 500 $54,660.00 TMRE 28.77 1,750 50,347.50 MRGG 78.81 1,650 130,036,50 BRRT 45.21 1,850 83,638.50 You can see from the table that the market value of the fund's assets is outstanding, the net asset value (NAV) of a share in this mutual fund is If the fund has $15,934.13 in liabilities and 5,000 shares