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Golden Visa Fund Comparison

IMGA Portuguese Corporate Debt Fund vs Pela Terra II Regenerate Fund

Compare IMGA Portuguese Corporate Debt 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.

Partially Verified Comparison

Data for 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.

Debt

IMGA Portuguese Corporate Debt Fund

Managed by IM Gestão de Ativos (IMGA)

Verified Fund
VS
Private Equity

Pela Terra II Regenerate Fund

Managed by STAG Fund Management

Unverified

Key Differences at a Glance

IMGA Portuguese Corporate Debt Fund has lower management fees and debt 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 Portuguese Corporate Debt Fund
€500,000
Pela Terra II Regenerate Fund
€500,000
Fund-stated objective
IMGA Portuguese Corporate Debt 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 Portuguese Corporate Debt Fund
€40.7M
Pela Terra II Regenerate Fund
€100M
Established
IMGA Portuguese Corporate Debt Fund
2004
Pela Terra II Regenerate Fund
2024

Fees & Costs

Management Fee
IMGA Portuguese Corporate Debt Fund
1.5%
Pela Terra II Regenerate Fund
2%
Performance Fee
IMGA Portuguese Corporate Debt Fund
None
Pela Terra II Regenerate Fund
20%
Subscription Fee
IMGA Portuguese Corporate Debt Fund
None
Pela Terra II Regenerate Fund
2%
Redemption Fee
IMGA Portuguese Corporate Debt Fund
None
Pela Terra II Regenerate Fund
None
Hurdle Rate
IMGA Portuguese Corporate Debt Fund
Not disclosed
Pela Terra II Regenerate Fund
Not disclosed

Liquidity & Terms

Redemption
IMGA Portuguese Corporate Debt Fund
Daily
Pela Terra II Regenerate Fund
End of Term
Lock-up Period
IMGA Portuguese Corporate Debt Fund
5 years
Pela Terra II Regenerate Fund
8 years
Risk Band
IMGA Portuguese Corporate Debt Fund
Conservative
Pela Terra II Regenerate Fund
Conservative
Category
IMGA Portuguese Corporate Debt Fund
Debt
Pela Terra II Regenerate Fund
Private Equity

Have questions about these funds?

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Geographic Allocation

IMGA Portuguese Corporate Debt Fund
Portugal
65%
Eurozone
30%
Non-Euro Countries
5%
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 (Debt vs Private Equity), minimum investment amounts (€500,000 vs €500,000), management fees (1.5% 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.

IMGA Portuguese Corporate Debt Fund has the lower management fee at 1.5% compared to 2%. Also compare the performance fees: IMGA Portuguese Corporate Debt Fund charges None while Pela Terra II Regenerate Fund charges 20%. The overall cost depends on each fund's full fee load and is only one factor among many.

IMGA Portuguese Corporate Debt 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 Portuguese Corporate Debt 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.

Debt (IMGA Portuguese Corporate Debt 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 Portuguese Corporate Debt Fund's listed redemption frequency is Daily, 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. Review the latest fund documents and qualified advisers before making investment decisions.

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