Nova Hybrid Balanced Fund

Novambl Asset Management

About the fund

Low Risk
Balanced Fund

The Fund is an open-ended unit trust scheme constituted under a Trust. Deed. Investors will be free to subscribe to the Units through the Fund Manager or any other agent approved by the Fund Manager after the Offer. It also provides portfolio managers access to diversify their income stream and portfolio and the Fund shall be invested by the Fund Manager, with the Trustee’s consent.

Fund Information

Min Amount
₦10,000.00
Max Amount
₦60,000,000.00
Yield-to-date
7.91%
Fund Size
250000000
Minimum tenor
6 Months
Maximum tenor
60 Months
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
With Top-up, Principal plus Interest
Permit Early termination
Yes
Management fee
1.5%
Processing time
48 Hours
Launch date
24th of Nov, 2020
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 65 years
Provider's page
view provider
Nature of fund
Short Term Instrument
Fund manager
N/A
Product available in
Nigeria
States present
1
Requirements
Four (4) passport photographs and Biometrics Verification Number (BVN)
National Identification Card
Bank Account
International Passport
How to invest

Click on the button to begin your investment journey

Calculator

Please note that whatever you calculate is just an estimation

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Investment Summary
Risk profileLow
Tenor (months)6
Annualized year to date return7.91%
Projected return₦NaN
Total investment return₦NaN
How to earn

Income earned by the Fund and paid (less expenses and applicable taxes) to Unitholders

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