The Nifco Economic Interest Token allows you to participate in the economic returns generated by Nifco BVI Ltd.'s investment in the Nisus High Yield Growth Fund (DIFC). Instead of investing directly into the fund, you own a token that represents your proportional economic interest in Nifco's Class T investment.
How does it work?
When you purchase a Nifco Economic Interest Token:
You receive a proportional share of the economic returns generated by Nifco's Class T investment.
Nifco BVI Ltd. acts solely as a pass-through Special Purpose Vehicle (SPV).
Nifco does not retain any portion of the distributions received from the underlying fund. All eligible distributions are passed directly to token holders in proportion to the number of tokens they own.
What returns can token holders receive?
Token holders receive returns through Quarterly Preferred Distributions
The underlying Class T investment provides a 12% annual preferred return, which is paid quarterly by the fund. At the fund level, the following annual fees apply:
2.0% Management Fee
0.5% Operating Fee
These fees are deducted before distributions are passed through to token holders.
Note: The actual amount you receive depends on the number of tokens you own.
Return of Capital
At the end of the investment term, the invested capital is expected to be returned to token holders on a proportional basis, subject to the performance and terms of the underlying investment.
NAV (Net Asset Value) Upside
In addition to the preferred distributions, token holders may also receive a share of the investment's NAV upside upon redemption. Depending on the investment structure:
Option 1: Class T participates in 15% of the residual NAV upside.
Option 2: Class T participates in 30% of the residual NAV upside.
When will I receive distributions?
Preferred distributions are expected to be made every quarter during the investment term.
The return of capital and any applicable NAV upside are expected to be distributed upon redemption at the end of the investment term.
Investment Term
The illustrative investment term for this investment is 5 years.
During this period:
Quarterly preferred distributions may be made.
Capital is expected to be returned at maturity.
Any applicable NAV upside is expected to be distributed upon redemption.
How are my returns calculated?
Your returns are based on the proportion of tokens you own.
For example:
If you own 1% of the issued tokens, you are entitled to 1% of all eligible distributions.
If you own 10% of the issued tokens, you are entitled to 10% of all eligible distributions.
Your actual returns depend on:
The number of tokens you hold.
The performance of the underlying investment.
Whether the investment follows Option 1 or Option 2.
Are returns guaranteed?
No. While the preferred return and investment structure are defined under the investment terms, all distributions remain subject to the performance of the underlying investment and its governing documents.
Any NAV upside depends entirely on the value generated by the underlying fund at redemption.
Important Notes
The Nifco Economic Interest Token provides economic exposure only and does not represent direct ownership of the underlying fund.
Nifco acts solely as a pass-through SPV and does not retain any share of the distributions it receives.
Preferred distributions are scheduled to be paid quarterly, subject to the terms of the underlying investment.
Capital repayment and any NAV upside are expected at the end of the investment term.
Returns are distributed proportionately based on the number of tokens held.
Frequently Asked Questions (FAQs)
What is the Nifco Economic Interest Token?
The Nifco Economic Interest Token gives you a proportional economic interest in Nifco BVI Ltd.'s Class T investment in the Nisus High Yield Growth Fund (DIFC).
Do I own the Nisus High Yield Growth Fund directly?
No. You own a token issued by Nifco BVI Ltd., which passes through the economic returns generated by its Class T investment.
Who or what is Nifco BVI Ltd, and why does it exist?
Nifco BVI Ltd is a special purpose vehicle (SPV) that sits between the fund and you. It exists purely to hold the Class T position and issue tokens against it. It does not charge you anything extra and does not keep any part of what the fund pays — it passes 100% through to token holders in proportion to their holdings.
What is the preferred return that I earn?
Two things:
A quarterly cash distribution throughout the 5-year term, and
A lump-sum payout at the end of the term consisting of your capital back plus a share of the fund’s upside.
The underlying Class T investment provides a 12% annual preferred return, which is intended to be distributed quarterly after applicable fund-level fees.
What fees apply to the investment?
The underlying investment includes:
2.0% annual Management Fee
0.5% annual Operating Fee
These fees are deducted at the fund level before distributions are passed through to token holders. As a result, the net annual returns is 9.5% after all deductions.
How often will I receive distributions?
Preferred distributions are expected to be paid quarterly, subject to the terms and performance of the underlying investment.
What is the investment term?
The illustrative investment term is 5 years.
What happens at the end of the investment term? Will I get 100% of my capital back at the end?
At redemption, the token holders are expected to receive the deployed capital along with:
Return on invested capital.
Any applicable share of the NAV upside.
Subject to the terms and performance of the underlying investment.
What is the NAV upside?
NAV (Net Asset Value) upside represents additional profits generated by the underlying investment after capital and preferred returns have been allocated.
At the end of Year 5, the fund’s assets are assumed to have grown at 24% a year (the base case). After paying back the deployed capital and the cumulative preferred return, whatever value is left over is the “residual NAV upside.”
Depending on the investment structure, Class T investors participate in either 15% or 30% of the residual NAV upside.
What is the difference between Option 1 and Option 2?
The only difference is the percentage of NAV upside allocated to the Class T investment:
Option 1: 15% NAV upside participation.
Option 2: 30% NAV upside participation.
The preferred return, fund fees, investment term, and return of capital remain the same under both options.
Does Nifco keep any of the investment returns?
No. Nifco BVI Ltd. acts solely as a pass-through SPV and distributes the returns it receives from the underlying investment to token holders according to their ownership.
Are my returns guaranteed?
No. Returns are subject to the performance of the underlying investment and the terms governing the investment. Any NAV upside depends on the value generated by the fund at the time of redemption.
How are my distributions calculated?
Your distributions are proportional to the number of tokens you own. The greater your ownership, the greater your share of all eligible distributions.
If you hold, say, 2% of the total token supply, you receive 2% of every distribution, 2% of the capital return, and 2% of the NAV upside — on the same schedule as everyone else.
When exactly do I receive my capital and upside?
Both are paid together, in a single lump sum, at the end of the 5-year term when the fund exits — alongside that quarter’s final preferred distribution.
If you need further assistance, feel free to reach out to our support team. We're here to help!