Mutual Funds

Our Mutual Funds

1. NOVA Prime Money Market Fund

This low-risk fund 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

2. NOVA Hybrid Fund (Balanced Fund)

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.

3. NOVA Dollar Fixed Income

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

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.