Amova Asset Management has partnered with digital bank MariBank to give its customers access to the Amova Singapore Dividend Equity fund for as little as S$1 ($0.78).
Amova, formerly Nikko Asset Management, said the fund will invest in companies listed on the Singapore Exchange with high and sustainable dividend yields and those with potential for dividend growth.
It will also invest in selected overseas-listed equities with similar characteristics, the firm said.
MariBank said the fund will be open to the public in early April 2026, as it currently remains in an invite-only phase.
“Making investing accessible is core to our mission as a digital bank,” said Natalia Goh, CEO of MariBank. “With just S$1 and no transaction fees, customers can now participate in Singapore’s equities market through a long-established dividend-focused fund.”
“This reflects our commitment to lowering barriers and helping customers grow their wealth confidently.”
The fund will target monthly distributions of between 5% and 7% per year of the net asset value per unit.
Eleanor Seet, president and head of Asia ex-Japan of Amova Asset Management Asia Limited said: “Lowering investment barriers is integral to building a fundamentally deeper and more inclusive equities market.”
Amova was one of six appointed managers under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme. It has $274bn in assets under management, as of the end of 2025.
“As one of the appointed managers under MAS’s Equity Market Development Programme, we see a strategic role in partnerships like our collaboration with MariBank, which reflects a shared commitment to progressive, investor-first solutions,” said Seet.
