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NOVA Prime Money Market Fund

Earn competitive interest rates with quick access to your investment.

NOVA Prime Money Market Fund

Earn competitive interest rates with quick access to your investment.

NOVA Prime Money Market fund is a  low-risk fund that offers convenient income and liquidity. It allows you to earn competitive interest rates with quick access to your investment. NOVA Prime Money Market features Treasury bills and other Money Market Instruments. It 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 preservation
Terms Short Term
Market/Investment Instrument Treasury bills, short term bonds, commercial paper
Target Customer Segment Mass market
HNI
Organisations
Institutions
Cooperatives
Informal sector
Minimum Initial Investment ₦10,000.00
Minimum Additional Investment ₦10,000.00
Denomination NGN
Risk Level Low
Income Daily interest

News Articles

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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....