3CC Portugal Golden Income Fund

The fund seeks to provide steady income by investing mainly in Portuguese corporate debt, along with some global stocks and a limited amount in alternative assets. Its structure also aligns with the requirements for Portugal’s Golden Visa residency-by-investment program.

It qualifies because it invests at least 60–65% of total assets in corporate bonds issued by companies headquartered in Portugal and has a recommended investment horizon of 5 years + 1 day, matching the ARI residency timeline.

The portfolio combines: ~60% Portuguese corporate bonds ~20% U.S. and global equities ~10% digital and alternative assets, including Bitcoin, Ethereum, Solana, and gold This mix is designed to balance stability and upside potential.

The fund is managed by 3 Comma Capital SCR, S.A., a Lisbon-based investment manager regulated by CMVM under license number 182126.

Bison Bank, S.A. serves as the fund’s depositary — responsible for asset safeguarding, cash flow monitoring, and compliance oversight.

NAV is calculated and publicly updated daily, offering transparency and allowing investors to monitor the value of their units with high frequency.

The fund offers multiple share classes, including Class AS, Class DS, and distribution-share variants (e.g., Class DS). Each class has a different fee structure and minimum investment requirement.

Approximate minimums are: Class AS: €100,000 Class DS: €250,000 Other share classes may have lower minima, but Golden Visa applicants must still meet the statutory €500,000 investment threshold.

Yes, Class D and DS share classes are designed for income distribution, while Class A and B are accumulation classes that reinvest returns rather than distributing cash.

Investors may redeem daily (cutoff 11:00 a.m. London/Lisbon). Early redemption fees appl: 2,5% and 0% after 5 years + 1 day.

Yes, the fund is marketed as suitable for U.S. investors via Self-Directed IRA (SDIRA) structures. For direct, taxable U.S. investors, PFIC/QEF reporting availability should be confirmed directly with the manager or a qualified advisor.

The fund is an Alternative Investment Fund (AIF), authorised by the CMVM and managed by a regulated SGOIC under Portugal’s AIFM framework. It follows strict oversight requirements, including audited annual accounts and depositary supervision.

The KIIDs classify the fund in a medium-low risk band (SRRI 3/7), reflecting the stability of investment-grade corporate bonds combined with controlled exposure to equities and digital assets.

For a € 100 000 investment: Moderate: € 106 204 after 1 year (6.20 % p.a.), € 173 689 after 5 years (11.67 % p.a.) Favorable: € 124 601 after 1 year (24.60 % p.a.), € 249 004 after 5 years (20.02 % p.a.) Unfavorable: € 90 127 after 1 year (–9.87 % p.a.), € 120 604 after 5 years (3.82 % p.a.)

The listed fund-stated objective is 7–10% p.a.. Stated objectives are set by the fund and are not forecasts or guarantees. Past performance does not indicate future results and capital is at risk.