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MariBank disrupts investment with S$1 fund

MariBank has unveiled a groundbreaking investment opportunity, allowing customers to invest in Singapore equities through the Amova Singapore Dividend Equity Fund – SGD Class, starting at just S$1 with no transaction fees. Initially available by invitation, the fund will be open to the public via the MariBank app from early April 2026.

The fund, managed by Amova Asset Management, focuses on equities listed on the Singapore Exchange, including non-Straits Times Index stocks and select overseas equities. It aims to provide a monthly distribution of 5% to 7% per annum, targeting income-seeking investors with a strategy centred on high dividend yields and potential growth.

Natalia Goh, CEO of MariBank, emphasised the bank’s mission to make investing accessible: “With just S$1 and no transaction fees, customers can now participate in Singapore’s equities market through a long-established dividend-focused fund.” Eleanor Seet, President of Amova Asset Management Asia Limited, highlighted the partnership’s role in fostering a more inclusive equities market.

This initiative is part of MariBank’s expanding suite of investment products, which includes Mari Invest Gold, Mari Invest Income, and Mari Invest SavePlus. The launch aligns with the Monetary Authority of Singapore’s Equity Market Development Programme, which aims to enhance the local equities market’s competitiveness.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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