Horizon Fund is an open-ended, CMVM-regulated alternative fund that blends Portuguese fixed income with exposure to large-cap digital assets. Managed by Octanova SCR, it aims for long-term growth and eligibility for the Golden Visa by investing 65% in high-quality Portuguese bonds and up to 35% in BTC, ETH, and SOL through regulated custodians.
Horizon Fund is an open-ended alternative investment fund designed for professional and well-informed investors who want both Portuguese residency and exposure to digital assets within a regulated structure. Managed by Octanova SCR and supervised by the CMVM, the fund aims to deliver attractive risk-adjusted returns while meeting the Golden Visa fund route requirements. The portfolio uses a "barbell" strategy: about 65% is invested in Portuguese fixed income, mainly from big, publicly listed companies in the PSI-20 index, with no more than 10% in any one company and aiming This core is intended to provide income, capital preservation, and lower volatility. Up to 35% is invested in digital assets, focused on BTC, ETH, and SOL, accessed through ETFs or institutional-grade custodians. This sleeve seeks asymmetric upside and diversification, supported by growing institutional adoption of crypto as an asset class. Structurally, Horizon is set up as a Fundo de Investimento Alternativo Aberto Flexível, with monthly subscriptions and redemptions (early-exit fees apply before the five-year Golden Visa horizon). The minimum capital requirement is €100,000, with a fund-level target size of up to €100 million. Millennium BCP acts as depositary bank and EY as auditor, adding an extra layer of operational oversight. For eligible non-EU investors, putting in €500,000 for units that meet Golden Visa requirements can lead to a 5-year process for getting Portuguese citizenship, allowing visa-free travel in the Schengen Area, and having fewer In return, investors must accept meaningful exposure to crypto-asset volatility, interest rate and credit risk in the bond book, and a higher fee structure than traditional plain-vanilla fixed-income funds. Overall, Horizon Fund is designed as a flexible and forward-looking Golden Visa option for investors who trust in the long-term value of digital assets but prefer to have that investment in a safe, varied, and regulated fund that focuses on fixed income.
