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NOVA Dollar Fixed Income

Providing competitive returns within the short to medium term in addition to liquidity and diversification opportunities

NOVA Dollar Fixed Income

Providing competitive returns within the short to medium term in addition to liquidity and diversification opportunities

With exposure to US Dollar-denominated securities, this fund seeks to provide competitive returns within the short to medium term in addition to liquidity and diversification opportunities. It features sovereign bonds, corporate bonds and fixed income securities with low to medium risk levels. The NOVA Dollar Fixed Income Fund is suitable for individual investors, HNI, organizations, institutions, cooperatives and the informal sector.

Documentation Requirements

Individual
  • Utility bill
  • Identity card
  • Passport photograph
 
Corporate
  • Operating License.
  • Certificate of Incorporation.
  • Form CO7 – Particulars Directors.
  • Form CO2 – Allotment of Shares
  • Board resolution, authorising the investment relationship and signatories.
  • Two recent passport-size photographs of signatories
  • BVN of signatories.
  • Valid proof of identity
  • Utility bill of all signatories
  • Tax Identification number.
  • Operating License.
  • Certificate of Incorporation.
  • Form CO7 – Particulars Directors.
  • Form CO2 – Allotment of Shares.
  • Board resolution, authorising the investment relationship and signatories.
  • Two recent passport-size photographs of signatories
  • BVN of signatories.
  • Valid proof of identity
  • Utility bill of all signatories
  • Tax Identification number.

Objectives Competitive returns, liquidity, and diversification
Terms Medium Term
Market/Investment Instrument Sovereign bond, Corporate bond, and Money
Target Customer Segment Mass market
HNI
Organisations
Institutions
Cooperatives
informal sector
Minimum Initial Investment ₦1,000.00
Minimum Additional Investment ₦1,000.00
Denomination NGN
Risk Level Low to Medium
Income Capital appreciation and dividend payment

News Articles

NOVA Merchant Bank Announces Appointment of New Directors, Promotes 20% Workforce
August 8th, 2022

NOVA Merchant Bank Announces Appointment of New Directors,...

NOVA Merchant Bank Announces Appointment of New Directors, Promotes 20% Workforce   NOVA Merchant Bank, a...
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August 5th, 2022

GCR affirms Nova Merchant Bank Limited’s National Scale...

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NOVA Merchant Bank Grew Earnings By 25.7% YOY, Reflecting Growth in Market Share
July 29th, 2022

NOVA Merchant Bank Grew Earnings By 25.7% YOY,...

NOVA Merchant Bank Grew Earnings By 25.7% YOY, Reflecting Growth in Market Share   Nova Merchant...