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Golden Visa Fund Comparison

IMGA Futurum Tech Fund vs Pela Terra II Regenerate Fund

Compare IMGA Futurum Tech Fund and Pela Terra II Regenerate Fund 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.

Unverified Fund Data

Data for IMGA Futurum Tech Fund and Pela Terra II Regenerate Fund has not been independently verified through our verification program. Fees, returns, and terms shown are based on manager-reported information. Compare with caution and confirm all details directly with the fund manager.

Venture Capital

IMGA Futurum Tech Fund

Managed by IM Gestão de Ativos (IMGA)

Unverified
VS
Private Equity

Pela Terra II Regenerate Fund

Managed by STAG Fund Management

Unverified

Key Differences at a Glance

IMGA Futurum Tech Fund has venture capital exposure. Pela Terra II Regenerate Fund has a different entry point and private equity exposure.

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

Min. Investment
IMGA Futurum Tech Fund
€500,000
Pela Terra II Regenerate Fund
€500,000
Fund-stated objective
IMGA Futurum Tech Fund
Not disclosed
Pela Terra II Regenerate Fund
8–10% p.a.

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.

Fund Size
IMGA Futurum Tech Fund
€50M
Pela Terra II Regenerate Fund
€100M
Established
IMGA Futurum Tech Fund
2024
Pela Terra II Regenerate Fund
2024

Fees & Costs

Management Fee
IMGA Futurum Tech Fund
2%
Pela Terra II Regenerate Fund
2%
Performance Fee
IMGA Futurum Tech Fund
None
Pela Terra II Regenerate Fund
20%
Subscription Fee
IMGA Futurum Tech Fund
None
Pela Terra II Regenerate Fund
2%
Redemption Fee
IMGA Futurum Tech Fund
None
Pela Terra II Regenerate Fund
None
Hurdle Rate
IMGA Futurum Tech Fund
Not disclosed
Pela Terra II Regenerate Fund
Not disclosed

Liquidity & Terms

Redemption
IMGA Futurum Tech Fund
Not disclosed
Pela Terra II Regenerate Fund
End of Term
Lock-up Period
IMGA Futurum Tech Fund
8 years
Pela Terra II Regenerate Fund
8 years
Risk Band
IMGA Futurum Tech Fund
Aggressive
Pela Terra II Regenerate Fund
Conservative
Category
IMGA Futurum Tech Fund
Venture Capital
Pela Terra II Regenerate Fund
Private Equity

Have questions about these funds?

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Geographic Allocation

IMGA Futurum Tech Fund
Portugal
70%
Europe
30%
Pela Terra II Regenerate Fund
Portugal
100%

Have questions about the process?

Our team can answer questions about these funds and the Golden Visa process on a free 15-minute call. We provide information, not investment advice.

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Frequently Asked Questions

The main differences include investment focus (Venture Capital vs Private Equity), minimum investment amounts (€500,000 vs €500,000), management fees (2% vs 2%), and fund managers (IM Gestão de Ativos (IMGA) vs STAG Fund Management). Each fund has a different risk profile and return target. This is general information, not a recommendation.

Both funds have the same management fee of 2%. Consider the total cost including performance fees: IMGA Futurum Tech Fund charges None while Pela Terra II Regenerate Fund charges 20%.

IMGA Futurum Tech Fund requires a minimum investment of €500,000, while Pela Terra II Regenerate Fund requires €500,000. 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 IMGA Futurum Tech Fund and Pela Terra II Regenerate Fund 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.

Venture capital (IMGA Futurum Tech Fund) and private equity (Pela Terra II Regenerate Fund) 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. IMGA Futurum Tech Fund's listed redemption frequency is not disclosed, while Pela Terra II Regenerate Fund's is End of Term. 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.

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