Horizon Fund is a investment fund marketed for the Portugal Golden Visa route managed by Octanova, investing primarily in crypto with monthly redemption opportunities.
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.
Capital at risk. Past performance isn't indicative of future returns. This is not investment advice.
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.
For broader context, see our full guide to Portugal Golden Visa investment funds.
We source from CMVM-regulated managers where applicable. Verify each fund's registration and GV suitability with counsel.
Information as reported by fund manager. Terms may vary by investor class.
Redemptions are allowed monthly with 15-day notice. Early-exit redemptions within the first 5 years incur a 3% fee. For Golden Visa applicants, units must be held for at least 5 years to maintain eligibility.
Redemption terms may vary by investor class. Verify details with the fund manager.
Always confirm regulatory details with the fund manager and legal counsel before investing.
8 team members
Team members are employed by the fund manager, not Movingto. Profiles listed for directory comparison.
Cláudia Balugas Quintas is the Finance Manager at Octanova SCR, bringing nearly two decades of experience in operational finance, middle-office...
Eunice Leão Pinto is Operations Manager at Octanova, overseeing fund setup, day-to-day operations and investor reporting across private equity,...
Henrique Anjos is a partner at Octanova SCR and a seasoned investment banker with more than 15 years of experience across Europe, North Africa, and...
Marcello Cavalcanti is a senior director at Octanova's Horizon Fund, bringing more than 25 years of global market experience across derivatives...
Marta Fernandes is a private equity analyst at Octanova. She contributes to portfolio research, asset monitoring, and investment analysis across...
Miguel Raposo is a shareholder at Octanova SCR and a seasoned executive with more than two decades of leadership across healthcare, pharmaceuticals...
Enquire about Horizon Fund. The fund manager will respond within 24-48 hours.
Investment in funds involves risks, including the possible loss of principal. Please read all fund documentation carefully before making any investment decisions. Past performance is not indicative of future results.
Using Industry Assumptions
This fund hasn't specified target returns. You can adjust the assumptions below to project potential outcomes.Contact the fund for precise targets.
Project potential returns based on your investment parameters
Display returns after management and performance fees
Fund minimum: €100,000
Typical holding period
Industry average assumption
Using Industry Assumptions: This projection uses market averages as the fund hasn't specified target returns. Actual performance may differ significantly. Contact the fund manager for fund-specific projections.
Investment Risk Disclosure: These projections are for illustrative purposes only and do not guarantee future performance. Past performance is not indicative of future results. All investments carry risk, including potential loss of principal. Consult with a qualified financial advisor before making investment decisions.
A CMVM-regulated, VC fund with privileged access to the best European high-growth startups and corporates. Offers an option to qualify for IFICI tax regime (NHR 2.0).
The 3CC Portugal Golden Income Fund is an open-ended, CMVM-regulated alternative investment fund managed by 3 Comma Capital. It blends stable income from Portuguese corporate bonds with growth exposure to U.S. and global equities, digital assets and gold, while meeting all eligibility requirements for the Portuguese Golden Visa.
INZ is a closed-ended Private Equity fund focused on renewable energy and energy-efficiency assets across Iberia, fully engineered for Golden Visa eligibility. Managed by STAG Fund Management and in line with UN Sustainable Development Goals, the fund aims to create steady, long-term value by investing in distributed solar, clean transportation, and low-carbon infrastructure using a careful, impact-focused approach.
If this fund is full or doesn't meet your requirements, here are similar options with comparable risk profiles and investment strategies.
The 3CC Portugal Golden Income Fund is an open-ended, CMVM-regulated alternative investment fund managed by 3 Comma Capital. It blends stable income from Portuguese corporate bonds with growth exposure to U.S. and global equities, digital assets and gold, while meeting all eligibility requirements for the Portuguese Golden Visa.
A CMVM-regulated, open-ended alternative investment fund that invests primarily in Portuguese bonds and equities, with flexibility to allocate to ETFs, other funds, and international securities for diversification
Lince Yield Fund, FCR is a regulated Portuguese private credit and income-focused fund targeting a 5% annual yield. It finances mature, financially sound SMEs through secured and mezzanine debt, prioritising capital preservation and stable distributions. Built for risk-averse Golden Visa investors, it combines defensive credit strategies with the safeguards of a CMVM-supervised FCR.
Compare Horizon Fund with similar investment funds to analyze performance, fees, and investment requirements.
The fund aims to deliver stable, low-volatility returns through a portfolio of Portuguese corporate bonds while capturing upside from large-cap digital assets such as Bitcoin and Ethereum. It is designed as a balanced, future-ready strategy suitable for Golden Visa investors.
Performance comes from two sources: interest income from a diversified basket of Portuguese fixed-income issuers, and capital appreciation from digital assets. The combination supports downside protection while providing asymmetric upside during crypto growth cycles.
The fund only invests in large-cap, highly liquid digital assets, primarily Bitcoin and Ethereum. It does not invest in small-cap tokens, DeFi coins, or high-risk speculative assets.
Approximately 65% of the portfolio is allocated to bonds issued by 16–20 Portuguese PSI-20 corporates, with a maximum exposure of 10% per issuer. This structure provides diversification and minimizes issuer-specific risk.
It is an open-ended fund with monthly subscriptions and monthly redemptions, subject to a 5-year early-redemption fee for Golden Visa investors.
Yes. The fund allocates over 60% to eligible Portuguese assets, maintains a regulated structure under CMVM supervision, and provides the required manager attestation confirming Golden Visa suitability.
The minimum investment commitment is €100,000, with investors commonly subscribing €500,000 to satisfy Golden Visa requirements.
Subscriptions and redemptions occur monthly. A 15-day notice period applies. Early exits before the 5-year mark incur a 5% redemption fee to preserve Golden Visa compliance.
Key risks include crypto market volatility, interest rate fluctuations, corporate credit risk, and potential regulatory changes affecting digital assets. Diversification across bonds and limited exposure to digital assets helps reduce overall portfolio risk.
The fund is managed by Octanova SCR and regulated by the CMVM. Assets are custodied by Millennium BCP and held with top-tier service providers, including a major US broker-dealer for digital asset execution and custody.
No historical NAV performance is available yet, as the fund was launched in 2024/2025. However, Octanova’s team has prior experience managing fixed income, macro strategies, and digital asset vehicles in Portugal.
The NAV is calculated daily and reflects the mark-to-market value of both fixed-income positions and digital assets. Monthly NAVs are used for subscriptions, redemptions, and investor reporting.
Yes, it is registered under CMVM ID 2122. The custodian is Millennium BCP.
Management Fee: 2%. Performance Fee: 20%. Subscription Fee: 2%.
Yes, the fund manager states that Horizon Fund is intended to meet the €500,000 fund route requirement for the Portugal Golden Visa program. Eligibility must be confirmed with Portuguese legal counsel.