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Golden Visa Fund Comparison

IMGA Futurum Tech Fund vs Portugal Investment 1

Compare IMGA Futurum Tech Fund and Portugal Investment 1 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 Portugal Investment 1 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

Portugal Investment 1

Managed by Saratoga Capital

Unverified

Key Differences at a Glance

IMGA Futurum Tech Fund has venture capital exposure. Portugal Investment 1 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

Min. Investment
IMGA Futurum Tech Fund
€500,000
Portugal Investment 1
€150,000
Fund-stated objective
IMGA Futurum Tech Fund
Not disclosed
Portugal Investment 1
8–11% 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
Portugal Investment 1
€50M
Established
IMGA Futurum Tech Fund
2024
Portugal Investment 1
2021

Fees & Costs

Management Fee
IMGA Futurum Tech Fund
2%
Portugal Investment 1
1.5%
Performance Fee
IMGA Futurum Tech Fund
None
Portugal Investment 1
20%
Subscription Fee
IMGA Futurum Tech Fund
None
Portugal Investment 1
None
Redemption Fee
IMGA Futurum Tech Fund
None
Portugal Investment 1
5%
Hurdle Rate
IMGA Futurum Tech Fund
Not disclosed
Portugal Investment 1
5%

Liquidity & Terms

Redemption
IMGA Futurum Tech Fund
Not disclosed
Portugal Investment 1
Annually
Lock-up Period
IMGA Futurum Tech Fund
8 years
Portugal Investment 1
6 years
Risk Band
IMGA Futurum Tech Fund
Aggressive
Portugal Investment 1
Conservative
Category
IMGA Futurum Tech Fund
Venture Capital
Portugal Investment 1
Private Equity

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Geographic Allocation

IMGA Futurum Tech Fund
Portugal
70%
Europe
30%
Portugal Investment 1
Portugal
100%

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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.

Frequently Asked Questions

The main differences include investment focus (Venture Capital vs Private Equity), minimum investment amounts (€500,000 vs €150,000), management fees (2% vs 1.5%), and fund managers (IM Gestão de Ativos (IMGA) vs Saratoga Capital). Each fund has a different risk profile and return target. This is general information, not a recommendation.

Portugal Investment 1 has the lower management fee at 1.5% compared to 2%. Also compare the performance fees: IMGA Futurum Tech Fund charges None while Portugal Investment 1 charges 20%. The overall cost depends on each fund's full fee load and is only one factor among many.

IMGA Futurum Tech Fund requires a minimum investment of €500,000, while Portugal Investment 1 requires €150,000. 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 Portugal Investment 1 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 (Portugal Investment 1) 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 Portugal Investment 1's is Annually. 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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