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 September 07, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.722358
Metro Max-5 Bond Fund2.068987
Metro Max-3 Bond Fund2.119887
Metro Corporate Bond Fund1.144257
Metro Balanced Fund3.198665
Metro Equity Fund2.209450
Metro Philippine Equity Index Tracker Fund0.953498
Metro High Dividend Yield Fund0.894740
Metro Aspire Bond Feeder Fund1.122050
Metro Unit Paying Fund0.957992
Metro Short Term Fund1.121227
Metro Aspire Balanced Feeder Fund0.970790
Metrobank PERA Money Market Fund0.991876
Metrobank PERA Bond Fund0.976023
Metrobank PERA Equity Fund0.998316
Metro Aspire Equity Feeder Fund0.945413
Metro$ Max-3 Bond Fund1.753439
Metro$ Max-5 Bond Fund2.064655
Metro$ Short Term Fund1.359966
Metro$ Money Market Fund1.035836
Metro$ Asian Investment Grade Bond Fund 1.086850

Updated as of September 06, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.428339
Metro$ Eurozone Equity Feeder Fund0.820501
Metro$ Japan Equity Feeder Fund0.859615
Metro$ US Investment Grade Corp Bond Feeder Fund0.951222
Metro Clean Energy Equity Feeder Fund0.991011

Updated as of September 05, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ World Equity Feeder Fund1.268465
Metro Multi-Themed Equity Fund of Funds0.687150

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.