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 January 26, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.743708
Metro Max-5 Bond Fund2.111798
Metro Max-3 Bond Fund2.126819
Metro Corporate Bond Fund1.157837
Metro Balanced Fund3.322415
Metro Equity Fund2.325228
Metro Philippine Equity Index Tracker Fund1.023552
Metro High Dividend Yield Fund0.939581
Metro Unit Paying Fund0.968000
Metro Short Term Fund1.129999
Metrobank PERA Money Market Fund1.007350
Metrobank PERA Bond Fund1.000558
Metrobank PERA Equity Fund1.059570
Metro$ Max-3 Bond Fund1.761025
Metro$ Max-5 Bond Fund2.072498
Metro$ Short Term Fund1.368529
Metro$ Money Market Fund1.043215
Metro$ Asian Investment Grade Bond Fund 1.092698
Metro Aspire Bond Feeder Fund1.144887
Metro Aspire Balanced Feeder Fund1.006761
Metro Aspire Equity Feeder Fund1.015473

Updated as of January 26, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.481358
Metro$ Eurozone Equity Feeder Fund1.040458
Metro$ Japan Equity Feeder Fund0.968860
Metro$ US Investment Grade Corp Bond Feeder Fund0.989388
Metro Clean Energy Equity Feeder Fund1.090048

Updated as of January 25, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Multi-Themed Equity Fund of Funds0.672892
Metro$ World Equity Feeder Fund1.284517

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.