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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

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and Short-Term Issuer Ratings of “A+” and “A1” – Stable Outlook
August 30th, 2022

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and...

DATAPRO® Affirms Nova Merchant Bank Limited’s Long-Term and Short-Term Issuer Ratings of “A+” and “A1” -...
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...
GCR affirms Nova Merchant Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG)
August 5th, 2022

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

GCR affirms Nova Merchant Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG); Outlook Stable....