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NOVA Hybrid Fund

Maximize long term capital growth and maintain regular income distribution

NOVA Hybrid Fund

Maximize long term capital growth and maintain regular income distribution

This fund is suitable for investors who desire to maximize long-term capital growth and maintain regular income distribution. It features equities, fixed income, and other money market instruments with a medium level of risk. NOVA Hybrid 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.

Objectives Capital appreciation
Terms Medium - Long Term
Market/Investment Instrument Equities, Fixed income, and other money
Target Customer Segment Mass market
HNI
Organisations
Institutions
Cooperatives
Informal sector
Minimum Initial Investment ₦10,000.00
Minimum Additional Investment ₦1,000.00
Denomination NGN
Risk Level Medium to High
Income Capital appreciation and dividend payment

News Articles

NOVA Merchant Bank Pledges Support to Women Embracing Technology in Nigeria
March 16th, 2023

NOVA Merchant Bank Pledges Support to Women Embracing...

NOVA Merchant Bank, the leading Bank in Nigeria, has pledged to promote gender equality by supporting...
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February 8th, 2023

NOVA Merchant Bank Supports Blind, Partially Sighted Kids...

NOVA Merchant Bank has supported Blind and Partially Sighted Kids from Pacelli School. As part of...
Agusto & Co. Affirms NOVA Merchant Bank Limited’s Ratings of Bbb, Outlook Stable
January 17th, 2023

Agusto & Co. Affirms NOVA Merchant Bank Limited’s...

Agusto & Co. has affirmed NOVA Merchant Bank Limited’s rating of Bbb with a Stable Outlook....