Net Asset Value per Unit (NAVPU)

What are Unit Investment Trust Funds

Investors of any level of expertise and investment capacity can put their money in a basket of different kinds of investments through UITFs. There are several UITFs to choose from, each catering to a particular investment goal. They’re open-ended investments, meaning you get to choose when you put your money in and when you withdraw.

Updated as of August 16, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.720099
Metro Max-5 Bond Fund2.101069
Metro Max-3 Bond Fund2.124710
Metro Corporate Bond Fund1.153922
Metro Balanced Fund3.306215
Metro Equity Fund2.301204
Metro Philippine Equity Index Tracker Fund0.995621
Metro High Dividend Yield Fund0.917097
Metro Aspire Bond Feeder Fund1.138258
Metro Short Term Fund1.120673
Metro Aspire Balanced Feeder Fund1.001987
Metrobank PERA Money Market Fund0.991773
Metrobank PERA Bond Fund0.987629
Metrobank PERA Equity Fund1.041088
Metro Aspire Equity Feeder Fund0.986158
Metro$ Max-3 Bond Fund1.759593
Metro$ Max-5 Bond Fund2.080478
Metro$ Short Term Fund1.358858
Metro$ Money Market Fund1.034885
Metro$ Asian Investment Grade Bond Fund 1.099132

Updated as of August 15, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.565667
Metro$ Eurozone Equity Feeder Fund0.914921
Metro$ Japan Equity Feeder Fund0.952443
Metro$ US Investment Grade Corp Bond Feeder Fund1.011840
Metro Clean Energy Equity Feeder Fund1.066808

Updated as of August 12, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ World Equity Feeder Fund1.387489
Metro Multi-Themed Equity Fund of Funds0.765102
Metro Unit Paying Fund0.976688

Understanding the Net Asset Value per Unit

Net Asset Value per Unit, or NAVPU, on the other hand, is the underlying value of each unit. NAVPU is important because it allows you to compare how different schemes are trading, even though they may have very different prices. A large difference between price and NAVPU suggests that the market believes that either some better pricing is available, or that the NAV is overstated.

Investing in a Unit Investment Trust Fund (UITF) means you are buying units of participation. The amount of units you get depends on how much money you invest. How much each unit is worth will depend on the Net Asset Value Per Unit (NAVPU) which is the current market value of each unit of participation in the fund.

NAVPU Computation Method

NAVPU (net asset value per unit) is the total market value of the investment fund minus expenses and liabilities, divided by total number of units of participation.

How to understand and interpret NAVPU

To determine the value of your UITF investment, simply multiply the net asset value per unit (NAVPU) by the number of units of participation acquired. The value of the NAVPU changes daily depending on current market conditions

NAVPU will be different for various funds because the value of their investments will be different.