Sixty Degrees
Portuguese Listed Equity Investment Fund - Daily Liquidity. This is an open-ended fund
Investment Sectors
Diversified
Strategy Overview
Our strategy is based on stock picking - bottom's up approach. This is an open-ended fund.
Minimum Ticket Size
€250,000
First Close Passed
Yes
Set Up Fee
2% added There are 2 classes either a 2% subscription fee with 1.25% management fee, or 0.5% subscription fee with 2% management fee
Management Fee
1.25% There are 2 classes either a 2% subscription fee with 1.25% management fee, or 0.5% subscription fee with 2% management fee
Performance Fee
0% No performance fee
Target Annual Returns
0%
Target Returns Upon Exit
0%
Subscription Deadline
December 2023
Target Fundraise
€0
Month Established
August 2021
Fund Duration
0 years
US-investors (PFIC)
Yes
Our fund invests in the listed Portuguese equity space. We have a typical equity mutual fund that complies with the Golden Visa rules. In our view, if investors already invest in equity in their portfolios they can just relocate part of their investment and access the Golden Visa program.
The fund invests in the biggest Portuguese companies that, in their vast majority, have well-established businesses, have international diversification within their revenue stream and historically always trade at attractive multiples, enabling investors to aim for a positive net return during the Golden Visa mandatory investment period.