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 October 04, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.725457
Metro Max-5 Bond Fund2.056091
Metro Max-3 Bond Fund2.113897
Metro Corporate Bond Fund1.139238
Metro Balanced Fund3.051427
Metro Equity Fund2.031006
Metro Philippine Equity Index Tracker Fund0.870959
Metro High Dividend Yield Fund0.853595
Metro Aspire Bond Feeder Fund1.115688
Metro Unit Paying Fund0.950732
Metro Short Term Fund1.122905
Metro Aspire Balanced Feeder Fund0.928071
Metrobank PERA Money Market Fund0.994721
Metrobank PERA Bond Fund0.975856
Metrobank PERA Equity Fund0.912622
Metro Aspire Equity Feeder Fund0.870686
Metro$ Max-3 Bond Fund1.735136
Metro$ Max-5 Bond Fund2.032447
Metro$ Short Term Fund1.361336
Metro$ Money Market Fund1.037269
Metro$ Asian Investment Grade Bond Fund 1.064028

Updated as of October 03, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.346723
Metro$ Eurozone Equity Feeder Fund0.778987
Metro$ Japan Equity Feeder Fund0.829761
Metro$ US Investment Grade Corp Bond Feeder Fund0.925386
Metro Clean Energy Equity Feeder Fund0.950798

Updated as of September 30, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ World Equity Feeder Fund1.158311
Metro Multi-Themed Equity Fund of Funds0.649787

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.