Golden Visa Fund Comparison
IMGA Futurum Tech Fund vs Solar Future Fund
Compare IMGA Futurum Tech Fund and Solar Future Fund side-by-side: fees, terms, performance metrics, and Golden Visa eligibility.
Venture Capital
IMGA Futurum Tech Fund
Managed by IM Gestão de Ativos (IMGA)
Unverified
VS
Clean Energy
Solar Future Fund
Managed by Tejo Ventures
Unverified
Quick Decision Guide
Choose IMGA Futurum Tech Fund if you prioritize venture capital exposure. Choose Solar Future Fund if you prefer manageable entry point and clean energy exposure.
Key Financials
€500,000
Min. Investment
Best€250,000
Min. Investment
IMGA Futurum Tech Fund
€500,000Solar Future Fund
€250,000Not disclosed
Target Return
12% p.a.
Target Return
IMGA Futurum Tech Fund
Not disclosedSolar Future Fund
12% p.a.€50M
Fund Size
€20M
Fund Size
IMGA Futurum Tech Fund
€50MSolar Future Fund
€20M2024
Established
2026
Established
IMGA Futurum Tech Fund
2024Solar Future Fund
2026Fees & Costs
2%
Management Fee
2%
Management Fee
IMGA Futurum Tech Fund
2%Solar Future Fund
2%None
Performance Fee
20%
Performance Fee
IMGA Futurum Tech Fund
NoneSolar Future Fund
20%Not disclosed
Subscription Fee
Not disclosed
Subscription Fee
IMGA Futurum Tech Fund
Not disclosedSolar Future Fund
Not disclosedNot disclosed
Redemption Fee
Not disclosed
Redemption Fee
IMGA Futurum Tech Fund
Not disclosedSolar Future Fund
Not disclosedNot disclosed
Hurdle Rate
Not disclosed
Hurdle Rate
IMGA Futurum Tech Fund
Not disclosedSolar Future Fund
Not disclosedLiquidity & Terms
AvailableBest
Redemption
Not specified
Redemption
IMGA Futurum Tech Fund
AvailableSolar Future Fund
Not specified96 months
Lock-up Period
Not disclosed
Lock-up Period
IMGA Futurum Tech Fund
96 monthsSolar Future Fund
Not disclosedNot disclosed
Risk Band
Not disclosed
Risk Band
IMGA Futurum Tech Fund
Not disclosedSolar Future Fund
Not disclosedVenture Capital
Category
Clean Energy
Category
IMGA Futurum Tech Fund
Venture CapitalSolar Future Fund
Clean EnergyEstimated Fees on €500,000 Investment
Management fees over 6 years (excludes performance fees)
IMGA Futurum Tech Fund
Fees not disclosed
Solar Future Fund
Fees not disclosed
Cost comparison unavailable — one or more funds have not disclosed their fee structure.
Geographic Allocation
IMGA Futurum Tech Fund
Portugal
70%
Europe
30%
Solar Future 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 (Venture Capital vs Clean Energy), minimum investment amounts (€500,000 vs €250,000), management fees (2% vs 2%), and fund managers (IM Gestão de Ativos (IMGA) vs Tejo Ventures). Each fund has different risk profiles and return targets suited to different investor preferences.
Both funds have the same management fee of 2%. Consider the total cost including performance fees: IMGA Futurum Tech Fund charges None while Solar Future Fund charges 20%.
IMGA Futurum Tech Fund requires a minimum investment of €500,000, while Solar Future Fund requires €250,000. Both funds meet the Portugal Golden Visa minimum requirement of €500,000. Choose based on your available capital and diversification strategy.
Both IMGA Futurum Tech Fund and Solar Future 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 venture capital (IMGA Futurum Tech Fund) and clean energy (Solar Future Fund) depends on your risk tolerance and investment goals. Venture capital investments typically offer different risk-return profiles compared to clean energy. Consider your portfolio diversification needs and long-term investment strategy.
Redemption terms vary between funds. IMGA Futurum Tech Fund offers standard redemptions, while Solar Future Fund provides standard 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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