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Last updated: March 27, 2026  ·  xnav.live
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1. Acceptance of terms 2. Services 3. xNAV disclaimer 4. Intellectual property 5. Prohibited use 6. Disclaimers 7. Limitation of liability 8. Indemnification 9. Termination 10. Governing law 11. Contact

1. Acceptance of terms

By accessing or using the xnav.live platform at xnav.live (the "Platform"), you agree to be bound by these Terms & Conditions ("Terms"). If you do not agree to these Terms in their entirety, you may not access or use the Platform.

These Terms constitute a legally binding agreement between you and xnav.live ("xnav.live," "we," "us," or "our"). We reserve the right to modify these Terms at any time. Continued use of the Platform following notice of any modification constitutes your acceptance of the revised Terms. Where a change is material, we will provide at least 14 days' advance notice by email or prominent notice on the Platform.

2. Description of services

xnav.live provides an intraday estimated net asset value platform ("xNAV") for mutual funds, together with related analytics, attribution data, fund screening tools, and API access (collectively, the "Services"). Services are offered free of charge, with enterprise licensing available as described on our Pricing page.

We reserve the right to modify, suspend, or discontinue any aspect of the Services at any time with or without notice. xnav.live shall not be liable to you or any third party for any modification, suspension, or discontinuation of any Service.

3. xNAV data disclaimer

xNAV values are estimates only and are not official fund valuations. The intraday net asset values published on the Platform are calculated using proprietary models and publicly available market data. They are not calculated, endorsed, sponsored, or verified by any fund manager, fund administrator, custodian, or regulatory body.

xNAV estimates may differ — sometimes materially — from the official end-of-day NAV published by any fund. You agree that xNAV data shall not be used as the basis for any investment decision, trade execution, subscription, or redemption request. xnav.live bears no responsibility or liability for any difference between xNAV estimates and official fund NAVs, or for any losses arising from reliance on xNAV data.

4. Intellectual property

All content on the Platform — including but not limited to xNAV data outputs, software, source code, algorithms, methodologies, platform design, graphics, text, and the xnav.live brand and logo — is the exclusive property of xnav.live or its licensors and is protected by United States and international intellectual property laws, including copyright, trademark, trade secret, and patent laws.

Subject to your compliance with these Terms, xnav.live grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform solely for your personal or internal business purposes. You may not reproduce, distribute, modify, publicly display, create derivative works from, sell, or sublicense any Platform content without our prior written consent. API access is governed by a separate API License Agreement.

5. Prohibited use

You agree not to use the Platform to:

  • Redistribute, resell, sublicense, or commercially exploit xNAV data or any other Platform content without xnav.live's prior written authorization
  • Scrape, crawl, or systematically extract data from the Platform by any automated means beyond any API license expressly granted to you
  • Reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code or underlying methodologies of the Platform
  • Introduce viruses, malware, ransomware, or other harmful code into the Platform or its infrastructure
  • Attempt to gain unauthorized access to any portion of the Platform, its servers, or any systems or networks connected to it
  • Impersonate any person or entity, or misrepresent your affiliation with any person or entity
  • Use the Platform for any unlawful purpose or in violation of any applicable federal, state, or local law or regulation, including securities laws and regulations
  • Take any action that imposes an unreasonable or disproportionately large load on xnav.live's infrastructure, or that damages, disables, overburdens, or impairs the Platform

Violation of these prohibitions may result in immediate termination of your access to the Platform without notice and may expose you to civil or criminal liability.

6. Disclaimers

THE PLATFORM AND ALL SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. To the fullest extent permitted by applicable law, xnav.live expressly disclaims all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, non-infringement, title, and accuracy of data.

xnav.live does not warrant that the Platform will be uninterrupted, error-free, secure, or free of viruses or other harmful components. xnav.live does not warrant the accuracy, completeness, timeliness, or reliability of any xNAV data, analytics, or other content. Nothing on the Platform constitutes investment advice, a recommendation to buy or sell any security, or a solicitation of any investment. xnav.live is not a registered investment adviser, broker-dealer, or commodity trading adviser in any jurisdiction.

7. Limitation of liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL XNAV.LIVE, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR SUCCESSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES — including without limitation loss of profits, revenues, data, goodwill, business opportunities, or investment losses — arising out of or in connection with your use of or inability to use the Platform or the Services, regardless of the theory of liability and whether or not xnav.live has been advised of the possibility of such damages.

xnav.live's total aggregate liability to you for all claims arising out of or relating to your use of the Platform or the Services shall not exceed the greater of: (a) the total amount paid by you to xnav.live in the twelve (12) months immediately preceding the event giving rise to the claim; or (b) one hundred U.S. dollars ($100).

Some jurisdictions do not allow the exclusion or limitation of certain implied warranties or incidental or consequential damages. To the extent such limitations are not permitted, xnav.live's liability is limited to the maximum extent permitted by applicable law.

8. Indemnification

You agree to indemnify, defend, and hold harmless xnav.live and its officers, directors, employees, agents, licensors, and successors from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees and court costs) arising out of or relating to: (a) your access to or use of the Platform; (b) your violation of these Terms; (c) your violation of any applicable law, rule, or regulation; (d) any content you submit, post, or transmit through the Platform; or (e) your infringement of any third-party intellectual property or other rights.

9. Termination

xnav.live reserves the right to suspend or terminate your access to the Platform at any time, with or without cause and with or without notice, including for any violation of these Terms. Upon termination, your right to use the Platform ceases immediately.

Sections 3, 4, 6, 7, 8, and 10 of these Terms shall survive any expiration or termination.

10. Governing law & dispute resolution

These Terms shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of laws principles. Any dispute, claim, or controversy arising out of or relating to these Terms or the Platform shall be resolved exclusively in the state or federal courts of competent jurisdiction located in New York County, New York, and you irrevocably consent to personal jurisdiction and venue in such courts.

Class action waiver: Any claims arising under these Terms must be brought in your individual capacity and not as a plaintiff or class member in any purported class, collective, or representative proceeding. You waive your right to a jury trial to the fullest extent permitted by applicable law.

11. Contact

For any questions, concerns, or notices regarding these Terms, please contact us at:

xnav.live

Email: info@xnav.live

Website: xnav.live

xnav.live
The first platform to publish continuous intraday xNAV for mutual funds. Built for advisors who want to be the most informed person in the room.

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xNAV is an estimated intraday net asset value and is not the official end-of-day NAV. xnav.live xNAV data is provided for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.
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