Fund comparison

IMGA GV Portuguese Equities versus Portugal Liquid Opportunities

Fund onevsFund two

IMGA GV Portuguese Equities

IM Gestão de Ativos (IMGA)

Public EquityOpen

Residency permit & citizenship vs lock-up

Golden Visa applicants must keep the qualifying €500,000 invested while the residency is active; naturalization timelines vary by case. Not legal advice.

Key facts, side by side

7 of 12 differ · marks a difference

IMGA GV Portuguese EquitiesPortugal Liquid Opportunities

Minimum investment

€100k

Management fee p.a.

1.95%

1.2%

Performance fee

~0%

20%

Hurdle rate

~0%

Subscription fee

2.5%

Redemption fee

3.5%

Lock-up

None

~None

Redemption

Daily

—

Fund term

Not disclosed

Target return

8%+

8–10%

Fund size

€6.4M

—

Inception

Dec 23, 2025

Mar 1, 2024

What the fees add up to

IMGA GV Portuguese EquitiesPortugal Liquid OpportunitiesFees on €500k over 8 years — subscription + management only

Constant-balance illustration on a €500,000 Golden Visa subscription. Performance fees, redemption fees and fund-level costs are excluded — verify the full stack in each fund's prospectus.

For US investors

Accepted
Unconfirmed
PFIC
Unclear
QEF statements
Unconfirmed
IRA route
Unconfirmed

Accepted
Accepts US investors
PFIC
PFIC with annual QEF reporting
QEF statements
Reported available
IRA route
Unconfirmed

Research coverage

81%

data completeness

4 fund documents linked · 6 sources cited

Full profile & sources →

72%

data completeness

2 fund documents linked · 6 sources cited

Full profile & sources →

This comparison restates researched data side by side — it is not a recommendation of either fund. Facts marked with a dash or "not disclosed" were not published; how much weight any difference deserves depends on your situation.