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 8, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.719078
Metro Max-5 Bond Fund2.086260
Metro Max-3 Bond Fund2.114880
Metro Corporate Bond Fund1.147230
Metro Balanced Fund3.180616
Metro Equity Fund2.159323
Metro Philippine Equity Index Tracker Fund0.934030
Metro High Dividend Yield Fund0.871792
Metro Aspire Bond Feeder Fund1.130745
Metro Unit Paying Fund0.972759
Metro Short Term Fund1.119101
Metro Aspire Balanced Feeder Fund0.965624
Metrobank PERA Money Market Fund0.991343
Metrobank PERA Bond Fund0.984496
Metrobank PERA Equity Fund0.977212
Metro Aspire Equity Feeder Fund0.926600
Metro$ Max-3 Bond Fund1.757582
Metro$ Max-5 Bond Fund2.074709
Metro$ Short Term Fund1.358535
Metro$ Money Market Fund1.034604
Metro$ Asian Investment Grade Bond Fund 1.094742

Updated as of August 5, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.511120
Metro$ Eurozone Equity Feeder Fund0.901263
Metro$ Japan Equity Feeder Fund0.921051
Metro$ US Investment Grade Corp Bond Feeder Fund1.002156
Metro Clean Energy Equity Feeder Fund1.034562

Updated as of August 4, 2022

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ World Equity Feeder Fund1.352063
Metro Multi-Themed Equity Fund of Funds0.749482

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.