Horizon Fund vs IMGA GV Portuguese Equities
Compare Horizon Fund and IMGA GV Portuguese Equities side-by-side: fees, terms, fund-stated objectives, risk bands, and Golden Visa evidence.
Capital is at risk. Target returns are fund-stated objectives, not forecasts or guarantees. Confirm all details against the fund prospectus/KID and qualified advisers. This is general information, not investment advice, a recommendation, or a suitability assessment.
Horizon Fund
Managed by Octanova SCR
IMGA GV Portuguese Equities
Managed by IM Gestão de Ativos (IMGA)
Key Differences at a Glance
Horizon Fund has crypto exposure. IMGA GV Portuguese Equities has lower management fees and a different entry point.
Based on each fund's own disclosed data (fund documents and public registers). These funds may follow different investment policies and carry different risk profiles, which affects how they compare. General information only — not investment advice, a personal recommendation, or a suitability assessment; Movingto does not assess which fund is suitable for you. Capital is at risk; confirm suitability with your own qualified adviser.
Key Financials
Capital is at risk. Target returns are fund-stated objectives, not forecasts or guarantees. Confirm all details against the fund prospectus/KID and qualified advisers.
Fees & Costs
Liquidity & Terms
Have questions about these funds?
Speak with our Golden Visa team for general information about these funds and the residency process. Movingto does not provide investment advice or recommend a specific fund.
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Geographic Allocation
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Frequently Asked Questions
The main differences include investment focus (Crypto vs Other), minimum investment amounts (€100,000 vs €100,000), management fees (2% vs 1.95%), and fund managers (Octanova SCR vs IM Gestão de Ativos (IMGA)). Each fund has a different risk profile and return target. This is general information, not a recommendation.
IMGA GV Portuguese Equities has the lower management fee at 1.95% compared to 2%. Also compare the performance fees: Horizon Fund charges 20% while IMGA GV Portuguese Equities charges None. The overall cost depends on each fund's full fee load and is only one factor among many.
Horizon Fund requires a minimum investment of €100,000, while IMGA GV Portuguese Equities requires €100,000. The Portugal Golden Visa fund route requires €500,000 in total qualifying investment (which can combine more than one fund); a fund's own minimum is separate from Golden Visa eligibility, which must be confirmed with Portuguese legal counsel.
Both Horizon Fund and IMGA GV Portuguese Equities are marketed by their managers as intended for the Portugal Golden Visa program. That is a manager statement, not a confirmation of eligibility: Golden Visa qualification is determined under Portugal's immigration rules (AIMA) and must be confirmed with Portuguese legal counsel before investing. Capital is at risk.
Crypto (Horizon Fund) and other (IMGA GV Portuguese Equities) sit in different categories with different risk-return profiles. Compare their disclosed fees, lock-up, fund-stated objectives (which are not forecasts or guarantees), and strategies against your own circumstances. This is general information, not a recommendation; confirm suitability with your own qualified adviser.
Redemption terms vary between funds. Horizon Fund's listed redemption frequency is Monthly, while IMGA GV Portuguese Equities's is not disclosed. Check each fund's documents for frequency, notice periods, fees, and suspension conditions.
Fund data is reviewed against available sources including fund prospectuses, regulatory filings, and manager-provided information. Data freshness indicators show when each fund's information was last updated. Review the latest fund documents and qualified advisers before making investment decisions.