Welcome to the NORMAX OTC PRIVATE FIXED INCOME FUND, a carefully engineered investment vehicle offering sophisticated investors direct access to institutional-grade returns through a disciplined fixed income strategy. Combining stability, transparency, and strategic sector exposure, this fund is designed for those who seek predictable income, prudent risk management, and capital preservation — without compromising performance.
With a total fund volume of €500 million, and subscription limits ranging from €100,000 to €10 million per investor, the fund operates under a strictly regulated OTC framework, ensuring both regulatory integrity and operational discretion.
The NORMAX OTC PRIVATE FIXED INCOME FUND employs a sector-focused fixed income strategy that prioritises quality, yield, and resilience. The portfolio is diversified across a select group of industries with strong underlying fundamentals, investing exclusively in:
Our team performs comprehensive credit assessments to ensure each issuer demonstrates robust financial health, cash flow visibility, and collateral where applicable. By targeting debt securities in mature economies (notably the United States, Canada, and Australia), we align the portfolio with jurisdictions offering clear legal frameworks, economic resilience, and well-regulated capital markets.
All capital invested in the Fund is subject to a 36-month lock-up period from the date of entry. This defined horizon allows us to execute a measured buy-and-hold strategy, reducing exposure to short-term volatility and enabling optimal bond maturity management.
Annual fixed income distributions, beginning 12 months after entry
Full capital redemption at the end of the 36-month term
No reinvestment risk or exposure to redemption-driven sales during the holding period
All fees and terms are detailed clearly in our Subscription Memorandum and outlined transparently during onboarding
Participation in the NORMAX OTC PRIVATE FIXED INCOME FUND is executed through the purchase of NRX Tokens, issued by NORMAX CAPITAL K.B. Each NRX Token represents a direct, proportional interest in the Fund’s net asset value (NAV) and entitles the holder to receive annual interest distributions and the full capital redemption at the end of the investment term.
This modern, blockchain-based tokenisation model brings a new level of efficiency and clarity to alternative fixed income investing.
By integrating NRX Token infrastructure into the core of our fund structure, we give investors the confidence of clear ownership, the comfort of digital efficiency, and the reassurance of institutional security.
To learn more about how tokenisation works and receive technical support during onboarding, contact our Investor Relations team
Important Note:
NRX Tokens are not cryptocurrencies. They are digital securities representing legally binding rights in the Fund — including income, redemption, and reporting access. They can only be acquired directly through the NORMAX CAPITAL platform or its authorised representatives.
Once your investor eligibility is confirmed (as a professional, accredited or institutional investor), you will be invited to complete the Subscription Agreement, which outlines the number of NRX Tokens you intend to purchase.
Transfer your investment (minimum €100,000) to the designated Fund account. Each NRX Token is priced at €100, so a €100,000 investment would entitle you to 1,000 NRX Tokens.
Upon confirmation of funds, NORMAX CAPITAL issues your NRX Tokens and records your ownership on a secure, immutable blockchain ledger. These tokens are assigned to your registered digital wallet and are also viewable via our secure online portal.
Verifiable Ownership: Each token corresponds to a fixed interest in the Fund’s NAV.
Income Distribution: Tokens track your entitlements to annual interest payments from Year 1 or Year 2 (depending on subscription timing).
Capital Redemption: At maturity (Month 36), your principal is redeemed in full, based on the number of tokens held.
Secure & Compliant: All token transactions are subject to our AML/KYC framework and comply with EU private placement rules.
You can monitor your NRX Token balance, fund performance, upcoming distributions, and NAV updates in real time through your personalised investor dashboard.
Once your investor eligibility is confirmed (as a professional, accredited or institutional investor), you will be invited to complete the Subscription Agreement, which outlines the number of NRX Tokens you intend to purchase.
Transfer your investment (minimum €100,000) to the designated Fund account. Each NRX Token is priced at €100, so a €100,000 investment would entitle you to 1,000 NRX Tokens.
Upon confirmation of funds, NORMAX CAPITAL issues your NRX Tokens and records your ownership on a secure, immutable blockchain ledger. These tokens are assigned to your registered digital wallet and are also viewable via our secure online portal.
Verifiable Ownership: Each token corresponds to a fixed interest in the Fund’s NAV.
Income Distribution: Tokens track your entitlements to annual interest payments from Year 1 or Year 2 (depending on subscription timing).
Capital Redemption: At maturity (Month 36), your principal is redeemed in full, based on the number of tokens held.
Secure & Compliant: All token transactions are subject to our AML/KYC framework and comply with EU private placement rules.
You can monitor your NRX Token balance, fund performance, upcoming distributions, and NAV updates in real time through your personalised investor dashboard.
The Fund is structured as a closed-end OTC private investment vehicle under the regulatory supervision of the Czech National Bank. All compliance, accounting, and operational controls are executed by experienced professionals and supported by independent external audits.
Independent annual audits of fund accounts and portfolio NAV
Full AML/KYC protocols aligned with European financial regulations
Quarterly reporting delivered via secure investor portal
Dedicated governance committee to oversee investment policy adherence and risk exposure
Participation is represented by NRX Tokens, a blockchain-based digital asset that ensures ownership is immutable, transparent, and verifiable — offering institutional-level integrity with modern digital infrastructure.
We do not pursue speculative high-yield opportunities. Instead, we focus on predictable, well-structured debt with tangible backing and clearly modelled cash flows.
We do not pursue speculative high-yield opportunities. Instead, we focus on predictable, well-structured debt with tangible backing and clearly modelled cash flows.
High-net-worth individuals, family offices, and private companies
Institutional investors seeking uncorrelated income exposure
Investors who prioritise capital preservation, transparent fee structures, and defined time horizons
All investors must meet eligibility criteria under EU professional investor definitions and private placement regulations.
Quarterly NAV and performance reports
Annual audited financial statements
Year-end tax reporting support
Optional annual investor briefings (virtual or in person)
Investors also benefit from real-time access to their holdings via our secure online portal, where NRX Token balances, interest accruals, and distribution schedules are clearly displayed.
We ensure that each investor has a direct point of contact throughout the process
The Fund is currently open to new subscriptions on a limited-capacity basis, in line with our €500 million fund ceiling. To receive full documentation, schedule a discovery call, or begin the onboarding process.
In a world of rising uncertainty and inconsistent yield, we invite you to anchor your portfolio with certainty, simplicity, and sophistication. The NORMAX OTC PRIVATE FIXED INCOME FUND combines sector intelligence, modern structure, and institutional-grade execution — giving you a stable income foundation for tomorrow.
