Which aspect does not influence UITF NAVPU directly?

Historical performance metrics do not directly influence the Net Asset Value Per Unit (NAVPU) of a Unit Investment Trust Fund (UITF). The NAVPU is primarily determined by the current market value of the underlying assets in the fund, adjusted for any expenses or liabilities. Historical performance can provide insights and context regarding how the fund has performed over time, but it does not affect the current NAVPU calculation.

On the other hand, factors such as the volatility of asset prices, changes in interest rates, and market sentiment directly impact asset valuations. For instance, significant price fluctuations can lead to changes in the value of the underlying assets, affecting the NAVPU. Similarly, interest rate changes can influence the income generated by fixed-income assets within the UITF, thus impacting their market value. Market sentiment can drive demand for certain assets, further affecting their price and consequently the NAVPU.