Heed Top Fund

The Heed Top is an Open-ended fund eligible for the Golden Visa, with exposure to bonds and equities from both Portuguese and international companies. Heed Top aims to preserve capital in the long term. With daily liquidity, the Fund targets a 5% annual net return and is best suited to a minimum three-year horizon eligible for golden visa. As an accumulation fund, all earnings are reinvested to enhance long-term growth.

The Fund invests at least 60% in the debt and equity of Portuguese companies, and the remaining can be allocated internationally, from sovereign bonds to ETFs.

Fund Overview

FieldDetails
Fund NameHeed TOP
Fund TypeOpen-ended Securities Alternative Investment Fund
TermIndefinite duration
Risk Level3 / 7
Inception Date13/08/2024
Reference CurrencyEUR
ISINPTVORYHM0007
Bloomberg TickerHEEDTOP PL
ValuationDaily
NAVN/A
Number of SharesN/A
Total Assets (€)N/A

Management & Service Providers

RoleEntity
Fund ManagerHeed Capital – SGOIC, S.A.
CustodianBison Bank, S.A.
Supervisory EntityCMVM
AuditorForvis Mazars & Associados SROC, S.A.

Investment Terms & Fees

ItemDetails
Minimum Initial InvestmentN/A
Minimum Additional Investment€5,000
Management Fee (Annual)1.50%
Performance Fee20.00%
Hurdle RateWith High Water Mark (HWM)
Custodian Fee (Annual)0.08%
Subscription Fee2%
Redemption Fee< 1 year: 5% / ≥ 1 year: 0%
Subscription Effective DateD + 1
Redemption Payment DateD + 4
Cut-off Time16:30 (Portugal time)

Performance & Risk Metrics

MetricYTD12m24m36mSince Inception / Latest
Return5.25%5.46%3.39% (Annualized)
Volatility3.01%2.93%2.68%
SRI333
Sharpe Ratio1.091.070.26
Cumulative Return4.40%
Annualized Volatility2.68%

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