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 March 22, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.754469
Metro Max-5 Bond Fund2.115986
Metro Max-3 Bond Fund2.133137
Metro Corporate Bond Fund1.164112
Metro Balanced Fund3.207866
Metro Equity Fund2.178789
Metro Philippine Equity Index Tracker Fund0.957171
Metro High Dividend Yield Unit Paying Fund0.907131
Metro Aspire Bond Feeder Fund1.147368
Metro Unit Paying Fund0.962784
Metro Short Term Fund1.135485
Metro Aspire Balanced Feeder Fund0.973947
Metrobank PERA Money Market Fund1.010853
Metrobank PERA Bond Fund1.001818
Metrobank PERA Equity Fund0.995740
Metro Aspire Equity Feeder Fund0.953554
Metro$ Max-3 Bond Fund1.765367
Metro$ Max-5 Bond Fund2.070488
Metro$ Short Term Fund1.374593
Metro$ Money Market Fund1.047793
Metro$ Asian Investment Grade Bond Fund 1.090621

Updated as of March 21, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.466012
Metro$ Eurozone Equity Feeder Fund1.020996
Metro$ Japan Equity Feeder Fund0.940118
Metro$ US Investment Grade Corp Bond Feeder Fund0.971381
Metro Clean Energy Equity Feeder Fund1.090356

Updated as of March 20, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Multi-Themed Equity Fund of Funds0.664467
Metro$ World Equity Feeder Fund1.260572

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.