NAVPUNet Asset Value Per Unit (finance)
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In the Philippines, the price of pooled funds as measured by net asset value (or NAVPS for mutual funds) or net asset value per unit (NAVPU for UITFs and VULs) is computed at past 3 p.m.
All your earnings are net of tax and fees as represented by the NAVpu (net asset value per unit) for UITFs and NAVps (net asset value per share) for mutual funds.
Unit payments will also decrease the net asset value of the fund and, consequently, result in a decline in the net asset value per unit (NAVPu) similar to the effect of dividend declaration on stock prices.