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 July 12, 2024

Fund nameNet Asset Value per Unit (NAVPU)
Metro Money Market Fund1.861284
Metro Max-5 Bond Fund2.212434
Metro Max-3 Bond Fund2.245683
Metro Corporate Bond Fund1.223987
Metro Balanced Fund3.346962
Metro Equity Fund2.302506
Metro Philippine Equity Index Tracker Fund0.996079
Metro High Dividend Yield Unit Paying Fund1.037643
Metro Unit Paying Fund0.967356
Metro Short Term Fund1.205680
Metrobank PERA Money Market Fund1.069741
Metrobank PERA Bond Fund1.065779
Metrobank PERA Equity Fund1.038545
Metro$ Max-3 Bond Fund1.852749
Metro$ Max-5 Bond Fund2.159784
Metro$ Short Term Fund1.445888
Metro$ Money Market Fund1.103313
Metro$ Asian Investment Grade Bond Fund 1.126089
Metro Aspire Bond Feeder Fund1.200722
Metro Aspire Balanced Feeder Fund1.016305
Metro Aspire Equity Feeder Fund0.991840

Updated as of July 11, 2024

Fund nameNet Asset Value per Unit (NAVPU)
Metro$ US Equity Feeder Fund2.023583
Metro$ China Equity Feeder Fund0.907313
Metro$ Japan Equity Feeder Fund1.173813
Metro$ US Investment Grade Corp Bond Feeder Fund1.012967
Metro Clean Energy Equity Feeder Fund1.229126
Metro$ Eurozone Equity Feeder Fund1.200605

Updated as of July 10, 2024

Fund nameNet Asset Value per Unit (NAVPU)
Metro Multi-Themed Equity Fund of Funds0.885919
Metro$ World Equity Feeder Fund1.673632

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.