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 June 2, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.769767
Metro Max-5 Bond Fund2.146124
Metro Max-3 Bond Fund2.156446
Metro Corporate Bond Fund1.179597
Metro Balanced Fund3.262153
Metro Equity Fund2.202765
Metro Philippine Equity Index Tracker Fund0.963079
Metro High Dividend Yield Unit Paying Fund0.886813
Metro Unit Paying Fund0.971992
Metro Short Term Fund1.144521
Metrobank PERA Money Market Fund1.017958
Metrobank PERA Bond Fund1.015885
Metrobank PERA Equity Fund1.004817
Metro$ Max-3 Bond Fund1.783065
Metro$ Max-5 Bond Fund2.088989
Metro$ Short Term Fund1.382833
Metro$ Money Market Fund1.054435
Metro$ Asian Investment Grade Bond Fund 1.097026
Metro Aspire Bond Feeder Fund1.163418
Metro Aspire Balanced Feeder Fund0.989910
Metro Aspire Equity Feeder Fund0.959306

Updated as of June 01, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.540742
Metro$ Eurozone Equity Feeder Fund1.044022
Metro$ Japan Equity Feeder Fund0.998835
Metro$ US Investment Grade Corp Bond Feeder Fund0.973112
Metro Clean Energy Equity Feeder Fund1.141712

Updated as of May 31, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Multi-Themed Equity Fund of Funds0.711563
Metro$ World Equity Feeder Fund1.327319

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.