I'm very new in this and I'm a bit lost with index funds. I'm checking this out for example http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-international-index-trust-c-accumulation and it's selling at 134.50p (£1.34). However, this fund has stocks from big companies as Microsoft, Apple, etc. How come is the price so cheap? How is that price calculated?
thanks