Golden Visa Fund Comparison
BlueWater Capital Fund vs Heed Top Investment Fund
Compare BlueWater Capital Fund and Heed Top Investment Fund side-by-side: fees, terms, performance metrics, and Golden Visa eligibility.
Venture Capital
BlueWater Capital Fund
Managed by Insight Venture - Sociedade de Capital de Risco, S.A.
Unverified
VS
Debt
Heed Top Investment Fund
Managed by Heed Capital
Unverified
Quick Decision Guide
Choose BlueWater Capital Fund if you prioritize lower minimum investment and venture capital exposure. Choose Heed Top Investment Fund if you prefer lower management fees and debt exposure.
Key Financials
€50,000Best
Min. Investment
€100,000
Min. Investment
BlueWater Capital Fund
€50,000Heed Top Investment Fund
€100,000Not disclosed
Target Return
5% p.a.
Target Return
BlueWater Capital Fund
Not disclosedHeed Top Investment Fund
5% p.a.Not disclosed
Fund Size
€17.3M
Fund Size
BlueWater Capital Fund
Not disclosedHeed Top Investment Fund
€17.3M2023
Established
2024
Established
BlueWater Capital Fund
2023Heed Top Investment Fund
2024Fees & Costs
2.5%
Management Fee
Best1.5%
Management Fee
BlueWater Capital Fund
2.5%Heed Top Investment Fund
1.5%12.5%
Performance Fee
20%
Performance Fee
BlueWater Capital Fund
12.5%Heed Top Investment Fund
20%Not disclosed
Subscription Fee
2%
Subscription Fee
BlueWater Capital Fund
Not disclosedHeed Top Investment Fund
2%Not disclosed
Redemption Fee
Not disclosed
Redemption Fee
BlueWater Capital Fund
Not disclosedHeed Top Investment Fund
Not disclosedNot disclosed
Hurdle Rate
5%
Hurdle Rate
BlueWater Capital Fund
Not disclosedHeed Top Investment Fund
5%Liquidity & Terms
Available
Redemption
Daily
Redemption
BlueWater Capital Fund
AvailableHeed Top Investment Fund
DailyNot disclosed
Lock-up Period
Not disclosed
Lock-up Period
BlueWater Capital Fund
Not disclosedHeed Top Investment Fund
Not disclosedNot disclosed
Risk Band
Not disclosed
Risk Band
BlueWater Capital Fund
Not disclosedHeed Top Investment Fund
Not disclosedVenture Capital
Category
Debt
Category
BlueWater Capital Fund
Venture CapitalHeed Top Investment Fund
DebtEstimated Fees on €500,000 Investment
Management fees over 6 years (excludes performance fees)
BlueWater Capital Fund
Fees not disclosed
Heed Top Investment Fund
€55,000
Cost comparison unavailable — one or more funds have not disclosed their fee structure.
Geographic Allocation
BlueWater Capital Fund
Portugal
60%
Europe
30%
Other
10%
Heed Top Investment Fund
Portugal
60%
Other EU
30%
International
10%
Ready to invest?
Speak with our Golden Visa experts to discuss which fund is right for you.
Frequently Asked Questions
The main differences include investment focus (Venture Capital vs Debt), minimum investment amounts (€50,000 vs €100,000), management fees (2.5% vs 1.5%), and fund managers (Insight Venture - Sociedade de Capital de Risco, S.A. vs Heed Capital). Each fund has different risk profiles and return targets suited to different investor preferences.
Heed Top Investment Fund has the lower management fee at 1.5% compared to 2.5%. However, consider the total cost including performance fees: BlueWater Capital Fund charges 12.5% performance fee while Heed Top Investment Fund charges 20%. The overall value depends on your investment goals and expected returns.
BlueWater Capital Fund requires a minimum investment of €50,000, while Heed Top Investment Fund requires €100,000. Both funds meet the Portugal Golden Visa minimum requirement of €500,000. Choose based on your available capital and diversification strategy.
Both BlueWater Capital Fund and Heed Top Investment Fund are marketed by their managers as intended for the Portugal Golden Visa program, meeting the minimum €500,000 investment requirement and being properly regulated investment funds. Eligibility must be confirmed with Portuguese legal counsel before investing.
The choice between venture capital (BlueWater Capital Fund) and debt (Heed Top Investment Fund) depends on your risk tolerance and investment goals. Venture capital investments typically offer different risk-return profiles compared to debt. Consider your portfolio diversification needs and long-term investment strategy.
Redemption terms vary between funds. BlueWater Capital Fund offers standard redemptions, while Heed Top Investment Fund provides Daily redemption opportunities. Check the specific notice periods and any redemption fees that may apply. Consider your liquidity needs when choosing between these options.
All fund data is regularly verified against official sources including fund prospectuses, regulatory filings, and direct communication with fund managers. Data freshness indicators show when each fund's information was last updated. We recommend reviewing the latest fund documents and speaking with the fund managers before making investment decisions.
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