MariBank rolls out S$1 equity fund at invite-only phase

Full public access via the MariBank app starts in April 2026, according to a press release.

MariBank has partnered with Amova Asset Management to distribute the Amova Singapore Dividend Equity Fund - SGD Class.

This enables MariBank customers to invest in an equity fund at just S$1, with the promise of no transaction fees. It targets a monthly distribution of between 5% to 7% per annum of the NAV per unit.

The fund is currently in an invite-only phase and is distributed under the Mari Invest Singapore Equity. It will be open to the public via the MariBank app starting early April 2026.

The fund has over 25 years of experience and invests primarily in equities listed on the Singapore Exchange, including non-Straits Times Index (FTSE STI) component stocks as well as selected overseas-listed equities with similar characteristics, MariBank and Amova said in a joint press release on 24 March 2026.

The Amova Singapore Dividend Equity Fund is managed by Amova Asset Management Asia Limited, formerly Nikko Asset Management Asia Limited. It is one of the six appointed managers under the Monetary Authority of Singapore’s (MAS) equity market development programme (EQDP).