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Golden Visa Fund Comparison

IMGA Ações Portugal Fund vs Lince Growth Fund I, FCR

Compare IMGA Ações Portugal Fund and Lince Growth Fund I, FCR side-by-side: fees, terms, performance metrics, and Golden Visa eligibility.

Other

IMGA Ações Portugal Fund

Managed by IM Gestão de Ativos (IMGA)

Unverified
VS
Private Equity

Lince Growth Fund I, FCR

Managed by Lince Capital, SCR, S.A.

Unverified

Quick Decision Guide

Choose IMGA Ações Portugal Fund if you prioritize lower minimum investment and other exposure. Choose Lince Growth Fund I, FCR if you prefer lower management fees and private equity exposure.

Key Financials

Min. Investment
IMGA Ações Portugal Fund
€500
Best
Lince Growth Fund I, FCR
€100,000
Target Return
IMGA Ações Portugal Fund
20% p.a.
Lince Growth Fund I, FCR
15–20% p.a.
Fund Size
IMGA Ações Portugal Fund
€410.7M
Lince Growth Fund I, FCR
€50M
Established
IMGA Ações Portugal Fund
1995
Lince Growth Fund I, FCR
2023

Fees & Costs

Management Fee
IMGA Ações Portugal Fund
2.175%
Lince Growth Fund I, FCR
1.5%
Best
Performance Fee
IMGA Ações Portugal Fund
None
Lince Growth Fund I, FCR
20%
Subscription Fee
IMGA Ações Portugal Fund
Not disclosed
Lince Growth Fund I, FCR
Not disclosed
Redemption Fee
IMGA Ações Portugal Fund
Not disclosed
Lince Growth Fund I, FCR
Not disclosed
Hurdle Rate
IMGA Ações Portugal Fund
Not disclosed
Lince Growth Fund I, FCR
5%

Liquidity & Terms

Redemption
IMGA Ações Portugal Fund
Daily
Lince Growth Fund I, FCR
End of Term
Lock-up Period
IMGA Ações Portugal Fund
Not disclosed
Lince Growth Fund I, FCR
96 months
Risk Band
IMGA Ações Portugal Fund
Not disclosed
Lince Growth Fund I, FCR
Not disclosed
Category
IMGA Ações Portugal Fund
Other
Lince Growth Fund I, FCR
Private Equity

Estimated Fees on €500,000 Investment

Management fees over 6 years (excludes performance fees)

IMGA Ações Portugal Fund
Fees not disclosed
Lince Growth Fund I, FCR
Fees not disclosed

Cost comparison unavailable — one or more funds have not disclosed their fee structure.

Geographic Allocation

IMGA Ações Portugal Fund
Portugal
100%
Lince Growth Fund I, FCR
Portugal
80%
European Union (Other)
20%

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 (Other vs Private Equity), minimum investment amounts (€500 vs €100,000), management fees (2.175% vs 1.5%), and fund managers (IM Gestão de Ativos (IMGA) vs Lince Capital, SCR, S.A.). Each fund has different risk profiles and return targets suited to different investor preferences.

Lince Growth Fund I, FCR has the lower management fee at 1.5% compared to 2.175%. However, consider the total cost including performance fees: IMGA Ações Portugal Fund charges None performance fee while Lince Growth Fund I, FCR charges 20%. The overall value depends on your investment goals and expected returns.

IMGA Ações Portugal Fund requires a minimum investment of €500, while Lince Growth Fund I, FCR requires €100,000. Both funds meet the Portugal Golden Visa minimum requirement of €500,000. Choose based on your available capital and diversification strategy.

Both IMGA Ações Portugal Fund and Lince Growth Fund I, FCR 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 other (IMGA Ações Portugal Fund) and private equity (Lince Growth Fund I, FCR) depends on your risk tolerance and investment goals. Other investments typically offer different risk-return profiles compared to private equity. Consider your portfolio diversification needs and long-term investment strategy.

Redemption terms vary between funds. IMGA Ações Portugal Fund offers Daily redemptions, while Lince Growth Fund I, FCR provides End of Term 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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