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 28, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.795382
Metro Max-5 Bond Fund2.127136
Metro Max-3 Bond Fund2.162257
Metro Corporate Bond Fund1.171751
Metro Balanced Fund3.203325
Metro Equity Fund2.162572
Metro Philippine Equity Index Tracker Fund0.943599
Metro High Dividend Yield Unit Paying Fund0.912156
Metro Unit Paying Fund0.954217
Metro Short Term Fund1.163319
Metrobank PERA Money Market Fund1.032344
Metrobank PERA Bond Fund1.020232
Metrobank PERA Equity Fund0.986853
Metro$ Max-3 Bond Fund1.774444
Metro$ Max-5 Bond Fund2.048299
Metro$ Short Term Fund1.398690
Metro$ Money Market Fund1.067127
Metro$ Asian Investment Grade Bond Fund 1.072056
Metro Aspire Bond Feeder Fund1.154360
Metro Aspire Balanced Feeder Fund0.973536
Metro Aspire Equity Feeder Fund0.941055

Updated as of September 28, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund1.566971
Metro$ Eurozone Equity Feeder Fund0.997821
Metro$ Japan Equity Feeder Fund1.007395
Metro$ US Investment Grade Corp Bond Feeder Fund0.932082
Metro$ China Equity Feeder Fund0.956532
Metro Clean Energy Equity Feeder Fund1.045764

Updated as of September 27, 2023

Fund nameNet Asset Value per Unit (NAVPU)
Metro Multi-Themed Equity Fund of Funds0.706674
Metro$ World Equity Feeder Fund1.302720

View the cumulative performance of My Choice Investment funds by clicking the links below

Latest performance*
Previous banking day’s performance

*Updated as of latest available NAVPU

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.