Golden Visa Fund Comparison
Horizon Fund vs IMGA Ações Portugal Fund
Compare Horizon Fund and IMGA Ações Portugal Fund side-by-side: fees, terms, performance metrics, and Golden Visa eligibility.
Crypto
Horizon Fund
Managed by Octanova SCR
Verified Partner
VS
Other
IMGA Ações Portugal Fund
Managed by IM Gestão de Ativos (IMGA)
Unverified
Quick Decision Guide
Choose Horizon Fund if you prioritize lower management fees and crypto exposure. Choose IMGA Ações Portugal Fund if you prefer manageable entry point and other exposure.
Key Financials
€100,000
Min. Investment
Best€500
Min. Investment
Horizon Fund
€100,000IMGA Ações Portugal Fund
€500Not disclosed
Target Return
Best20% p.a.
Target Return
Horizon Fund
Not disclosedIMGA Ações Portugal Fund
20% p.a.€100M
Fund Size
€410.7M
Fund Size
Horizon Fund
€100MIMGA Ações Portugal Fund
€410.7M2024
Established
1995
Established
Horizon Fund
2024IMGA Ações Portugal Fund
1995Fees & Costs
2%Best
Management Fee
2.175%
Management Fee
Horizon Fund
2%IMGA Ações Portugal Fund
2.175%20%
Performance Fee
None
Performance Fee
Horizon Fund
20%IMGA Ações Portugal Fund
None2%
Subscription Fee
Not disclosed
Subscription Fee
Horizon Fund
2%IMGA Ações Portugal Fund
Not disclosed3%
Redemption Fee
Not disclosed
Redemption Fee
Horizon Fund
3%IMGA Ações Portugal Fund
Not disclosed4%
Hurdle Rate
Not disclosed
Hurdle Rate
Horizon Fund
4%IMGA Ações Portugal Fund
Not disclosedLiquidity & Terms
Monthly
Redemption
Daily
Redemption
Horizon Fund
MonthlyIMGA Ações Portugal Fund
Daily60 months
Lock-up Period
Not disclosed
Lock-up Period
Horizon Fund
60 monthsIMGA Ações Portugal Fund
Not disclosedNot disclosed
Risk Band
Not disclosed
Risk Band
Horizon Fund
Not disclosedIMGA Ações Portugal Fund
Not disclosedCrypto
Category
Other
Category
Horizon Fund
CryptoIMGA Ações Portugal Fund
OtherEstimated Fees on €500,000 Investment
Management fees over 6 years (excludes performance fees)
Horizon Fund
€70,000
IMGA Ações Portugal Fund
Fees not disclosed
Cost comparison unavailable — one or more funds have not disclosed their fee structure.
Geographic Allocation
Horizon Fund
Portugal (Bonds)
65%
Digital Assets
35%
IMGA Ações Portugal Fund
Portugal
100%
Ready to invest?
Speak with our Golden Visa experts to discuss which fund is right for you.
Frequently Asked Questions
The main differences include investment focus (Crypto vs Other), minimum investment amounts (€100,000 vs €500), management fees (2% vs 2.175%), and fund managers (Octanova SCR vs IM Gestão de Ativos (IMGA)). Each fund has different risk profiles and return targets suited to different investor preferences.
Horizon Fund has the lower management fee at 2% compared to 2.175%. However, consider the total cost including performance fees: Horizon Fund charges 20% performance fee while IMGA Ações Portugal Fund charges None. The overall value depends on your investment goals and expected returns.
Horizon Fund requires a minimum investment of €100,000, while IMGA Ações Portugal Fund requires €500. Both funds meet the Portugal Golden Visa minimum requirement of €500,000. Choose based on your available capital and diversification strategy.
Both Horizon Fund and IMGA Ações Portugal Fund are marketed by their managers as intended for the Portugal Golden Visa program, meeting the minimum €500,000 investment requirement and being properly regulated investment funds. Eligibility must be confirmed with Portuguese legal counsel before investing.
The choice between crypto (Horizon Fund) and other (IMGA Ações Portugal Fund) depends on your risk tolerance and investment goals. Crypto investments typically offer different risk-return profiles compared to other. Consider your portfolio diversification needs and long-term investment strategy.
Redemption terms vary between funds. Horizon Fund offers Monthly redemptions, while IMGA Ações Portugal Fund provides Daily redemption opportunities. Check the specific notice periods and any redemption fees that may apply. Consider your liquidity needs when choosing between these options.
All fund data is regularly verified against official sources including fund prospectuses, regulatory filings, and direct communication with fund managers. Data freshness indicators show when each fund's information was last updated. We recommend reviewing the latest fund documents and speaking with the fund managers before making investment decisions.
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