Last updated: February 2026
34 funds
Performance Fee: Portugal Golden Visa Funds (2026)
A fee charged on investment gains above a specified threshold, aligning manager interests with investor returns.
Fee information is based on disclosed sources and may change. This is not investment advice—verify fees and terms in official documents.
How Performance Fee Works
- Performance fees are typically charged as a percentage (often 20%) of profits above a hurdle rate or high-water mark.
- The hurdle rate is a minimum return threshold that must be met before performance fees apply (e.g., 6% annually).
- High-water marks ensure managers only earn performance fees on new gains, not recovered losses.
- Some funds use "catch-up" provisions where the manager receives a larger share of returns once the hurdle is met.
Funds with Disclosed Performance Fee
34 funds have this fee disclosed in their documentation.
What to Verify in the Docs
- Performance fee rate: What percentage of profits does the manager take?
- Hurdle rate: Is there a minimum return before fees apply? What rate?
- High-water mark: Are performance fees only on new gains above previous peaks?
- Calculation timing: When are performance fees crystallized (annually, at exit)?
- Catch-up provisions: Does the manager catch up on deferred fees?