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Golden Visa Fund Comparison

Alpha Fund vs Heed Top Investment Fund

Compare Alpha Fund and Heed Top Investment Fund side-by-side: fees, terms, fund-stated objectives, risk bands, and Golden Visa evidence.

Capital is at risk. Target returns are fund-stated objectives, not forecasts or guarantees. Confirm all details against the fund prospectus/KID and qualified advisers. This is general information, not investment advice, a recommendation, or a suitability assessment.

Unverified Fund Data

Data for Alpha Fund and Heed Top Investment Fund has not been independently verified through our verification program. Fees, returns, and terms shown are based on manager-reported information. Compare with caution and confirm all details directly with the fund manager.

Private Equity

Alpha Fund

Managed by ActiveCap - Capital Partners

Unverified
VS
Debt

Heed Top Investment Fund

Managed by Heed Capital

Unverified

Key Differences at a Glance

Alpha Fund has private equity exposure. Heed Top Investment Fund has lower management fees and a different entry point.

Based on each fund's own disclosed data (fund documents and public registers). These funds may follow different investment policies and carry different risk profiles, which affects how they compare. General information only — not investment advice, a personal recommendation, or a suitability assessment; Movingto does not assess which fund is suitable for you. Capital is at risk; confirm suitability with your own qualified adviser.

Key Financials

Min. Investment
Alpha Fund
€100,000
Heed Top Investment Fund
€100,000
Fund-stated objective
Alpha Fund
20–25% p.a.
Heed Top Investment Fund
5% p.a.

Capital is at risk. Target returns are fund-stated objectives, not forecasts or guarantees. Confirm all details against the fund prospectus/KID and qualified advisers.

Fund Size
Alpha Fund
€100M
Heed Top Investment Fund
€20M
Established
Alpha Fund
2025
Heed Top Investment Fund
2024

Fees & Costs

Management Fee
Alpha Fund
2%
Heed Top Investment Fund
1.5%
Performance Fee
Alpha Fund
20%
Heed Top Investment Fund
20%
Subscription Fee
Alpha Fund
2%
Heed Top Investment Fund
2%
Redemption Fee
Alpha Fund
None
Heed Top Investment Fund
Not disclosed
Hurdle Rate
Alpha Fund
8%
Heed Top Investment Fund
5%

Liquidity & Terms

Redemption
Alpha Fund
Not Available
Heed Top Investment Fund
Daily
Lock-up Period
Alpha Fund
10 years
Heed Top Investment Fund
Not disclosed
Risk Band
Alpha Fund
Balanced
Heed Top Investment Fund
Conservative
Category
Alpha Fund
Private Equity
Heed Top Investment Fund
Debt

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Geographic Allocation

Alpha Fund
Portugal
100%
Heed Top Investment Fund
Portugal
60%
Global
40%

Have questions about the process?

Our team can answer questions about these funds and the Golden Visa process on a free 15-minute call. We provide information, not investment advice.

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Have questions about these funds?

Speak with our Golden Visa team for general information about these funds and the residency process. Movingto does not provide investment advice or recommend a specific fund.

Frequently Asked Questions

The main differences include investment focus (Private Equity vs Debt), minimum investment amounts (€100,000 vs €100,000), management fees (2% vs 1.5%), and fund managers (ActiveCap - Capital Partners vs Heed Capital). Each fund has a different risk profile and return target. This is general information, not a recommendation.

Heed Top Investment Fund has the lower management fee at 1.5% compared to 2%. Also compare the performance fees: Alpha Fund charges 20% while Heed Top Investment Fund charges 20%. The overall cost depends on each fund's full fee load and is only one factor among many.

Alpha Fund requires a minimum investment of €100,000, while Heed Top Investment Fund requires €100,000. The Portugal Golden Visa fund route requires €500,000 in total qualifying investment (which can combine more than one fund); a fund's own minimum is separate from Golden Visa eligibility, which must be confirmed with Portuguese legal counsel.

Both Alpha Fund and Heed Top Investment Fund are marketed by their managers as intended for the Portugal Golden Visa program. That is a manager statement, not a confirmation of eligibility: Golden Visa qualification is determined under Portugal's immigration rules (AIMA) and must be confirmed with Portuguese legal counsel before investing. Capital is at risk.

Private equity (Alpha Fund) and debt (Heed Top Investment Fund) sit in different categories with different risk-return profiles. Compare their disclosed fees, lock-up, fund-stated objectives (which are not forecasts or guarantees), and strategies against your own circumstances. This is general information, not a recommendation; confirm suitability with your own qualified adviser.

Redemption terms vary between funds. Alpha Fund's listed redemption frequency is Not Available, while Heed Top Investment Fund's is Daily. Check each fund's documents for frequency, notice periods, fees, and suspension conditions.

Fund data is reviewed against available sources including fund prospectuses, regulatory filings, and manager-provided information. Data freshness indicators show when each fund's information was last updated. Review the latest fund documents and qualified advisers before making investment decisions.

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