IMGA Ações Portugal Fund

The fund aims to grow capital over the long term by investing in Portuguese listed companies, capturing the performance of the national equity market through active management.

Instead of picking individual stocks, investors get a professionally managed, diversified portfolio that adjusts to market conditions. IMGA handles the research, rebalancing, and risk management.

No. The fund does not follow a benchmark and has full freedom to select positions, although the portfolio naturally overlaps with major Portuguese names due to market structure.

Allocation typically leans toward dominant players in financials, utilities, energy, retail, telecom, and industrials—sectors that anchor the Portuguese economy.

The fund usually holds a focused selection of 15–25 listed companies, allowing it to express strong convictions rather than diluting exposure across too many holdings.

It fits investors with a tolerance for equity volatility, a long-term horizon of at least 3 years, and an interest in the performance of the Portuguese stock market.

The fund carries an ISR (summary risk indicator) of 4 out of 7, meaning moderate-to-high risk, typical for an equity fund exposed to market fluctuations.

The fund charges 2.175% per year for management and 0.075% per year for depositary services. There are no subscription or redemption fees.

Yes. As an equity fund, its value can rise or fall depending on the performance of Portuguese companies and broader market conditions. Past performance doesn’t guarantee future returns.

The fund is open-ended, with daily NAV calculations and redemptions typically available until the fourth business day after the request.

The fund offers several classes — A, R, P, and I — all sharing the same performance history but differing in investor eligibility and fee structures.

Yes. Classified as SFDR Article 8, the fund promotes environmental and social characteristics, integrating sustainability considerations into its investment decisions.

From 01-01-2023 to 06-12-2025, the accumulated return is 54.34%, based on the Category A unit price, reflecting strong equity market growth during the period.

The fund follows a capitalization policy, meaning all earnings are automatically reinvested back into the fund to enhance long-term growth.

IMGA provides monthly summaries, annual reports, semi-annual reports, sustainability documents, and legal disclosures directly on its website, all available to investors for transparency.

The listed minimum investment is €500. Redemption frequency is Daily and lock-up is not disclosed. Confirm final terms in the fund documents.

The listed fund-stated objective is 20% p.a.. Stated objectives are set by the fund and are not forecasts or guarantees. Past performance does not indicate future results and capital is at risk.

The profile lists CMVM ID 184. The listed custodian is Caixa Geral de Depósitos (CGD). Registration is a securities-regulation status, not a quality or Golden Visa signal — verify current registry status and documents before subscribing.

The profile marks this fund as Golden Visa intended by its manager. Fund-route evidence must still be confirmed against current law, fund documents, and the applicant's own legal file — eligibility is assessed per application, not guaranteed by the fund.