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Golden Visa Fund Comparison

Heed Top Investment Fund vs IMGA Ações Portugal Fund

Compare Heed Top Investment Fund and IMGA Ações Portugal 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.

Debt

Heed Top Investment Fund

Managed by Heed Capital

Verified Fund
VS
Other

IMGA Ações Portugal Fund

Managed by IM Gestão de Ativos (IMGA)

Verified Fund

Key Differences at a Glance

Heed Top Investment Fund has lower management fees and debt exposure. IMGA Ações Portugal Fund has a different entry point and other exposure.

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
Heed Top Investment Fund
€100,000
IMGA Ações Portugal Fund
€500
Fund-stated objective
Heed Top Investment Fund
5% p.a.
IMGA Ações Portugal Fund
20% 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
Heed Top Investment Fund
€20M
IMGA Ações Portugal Fund
€410.7M
Established
Heed Top Investment Fund
2024
IMGA Ações Portugal Fund
1995

Fees & Costs

Management Fee
Heed Top Investment Fund
1.5%
IMGA Ações Portugal Fund
2.175%
Performance Fee
Heed Top Investment Fund
20%
IMGA Ações Portugal Fund
None
Subscription Fee
Heed Top Investment Fund
2%
IMGA Ações Portugal Fund
None
Redemption Fee
Heed Top Investment Fund
Not disclosed
IMGA Ações Portugal Fund
None
Hurdle Rate
Heed Top Investment Fund
5%
IMGA Ações Portugal Fund
Not disclosed

Liquidity & Terms

Redemption
Heed Top Investment Fund
Daily
IMGA Ações Portugal Fund
Daily
Lock-up Period
Heed Top Investment Fund
Not disclosed
IMGA Ações Portugal Fund
Not disclosed
Risk Band
Heed Top Investment Fund
Conservative
IMGA Ações Portugal Fund
Balanced
Category
Heed Top Investment Fund
Debt
IMGA Ações Portugal Fund
Other

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Geographic Allocation

Heed Top Investment Fund
Portugal
60%
Global
40%
IMGA Ações Portugal Fund
Portugal
100%

Have questions about the process?

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Frequently Asked Questions

The main differences include investment focus (Debt vs Other), minimum investment amounts (€100,000 vs €500), management fees (1.5% vs 2.175%), and fund managers (Heed Capital vs IM Gestão de Ativos (IMGA)). 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 2.175%. Also compare the performance fees: Heed Top Investment Fund charges 20% while IMGA Ações Portugal Fund charges None. The overall cost depends on each fund's full fee load and is only one factor among many.

Heed Top Investment Fund requires a minimum investment of €100,000, while IMGA Ações Portugal Fund requires €500. 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 Heed Top Investment Fund and IMGA Ações Portugal 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.

Debt (Heed Top Investment Fund) and other (IMGA Ações Portugal 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. Heed Top Investment Fund's listed redemption frequency is Daily, while IMGA Ações Portugal 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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