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 26, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.724144
Metro Max-5 Bond Fund2.058688
Metro Max-3 Bond Fund2.112817
Metro Corporate Bond Fund1.140535
Metro Balanced Fund3.114210
Metro Equity Fund2.112315
Metro Philippine Equity Index Tracker Fund0.910221
Metro High Dividend Yield Fund0.875862
Metro Aspire Bond Feeder Fund1.116928
Metro Unit Paying Fund0.951961
Metro Short Term Fund1.121511
Metro Aspire Balanced Feeder Fund0.946348
Metrobank PERA Money Market Fund0.993743
Metrobank PERA Bond Fund0.974965
Metrobank PERA Equity Fund0.953231
Metro Aspire Equity Feeder Fund0.906024
Metro$ Max-3 Bond Fund1.744478
Metro$ Max-5 Bond Fund2.045883
Metro$ Short Term Fund1.360814
Metro$ Money Market Fund1.036683
Metro$ Asian Investment Grade Bond Fund 1.074313

Updated as of September 26, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.353152
Metro$ Eurozone Equity Feeder Fund0.771703
Metro$ Japan Equity Feeder Fund0.834967
Metro$ US Investment Grade Corp Bond Feeder Fund0.932558
Metro Clean Energy Equity Feeder Fund0.962002

Updated as of September 23, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ World Equity Feeder Fund1.176824
Metro Multi-Themed Equity Fund of Funds0.653252

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.