NAVPU

NAVPU (net asset value per unit) — the per-unit value of a UITF or mutual fund: everything the fund owns, divided by units outstanding, computed once daily. It is the fund world’s share price, with different plumbing: orders fill at the day’s computed NAVPU, not at a live bid/ask. Rising NAVPU is how an accumulating fund shows its dividends — reinvested inside, not paid out.

First used in: 1.7 · PSE mechanics: first shares, first REIT