We have a solid vetting strategy in place thanks to our communication with
more than 25 funds. Here is a brief overview with some major takeaways.
How To Choose the
Right Fund: Seven Questions To Ask
- What Is the
Focus Area of the Fund?
Is the fund you’re interested in primarily focused on real estate? If so,
does it target any specific regions? Is it concentrating on start-ups? What is
the stage of funding for those startup companies? Make certain that you get
clear answers to all of these questions.
- What Are the
Expected Returns and Commitments?
This is yet another critical aspect of vetting a fund. Will you receive
annual dividends? How much money is the fund attempting to raise? Is the fund's
expected Internal Rate of Return (IRR) stated clearly? Uncertain answers or
figures are red flags.
- What Fees Will
You Be Expected To Pay?
We've noticed that this question is frequently overlooked. However, knowing
the fees ahead of time is critical because there may be some hidden fees that
you are unaware of. Don't be afraid to ask about all of the fees, such as the
subscription fee and the annual management fee. Inquire about the performance
fee that the fund manager will charge at the exit.
- What About Risk
Diversification and Exit Planning?
These are some of the other questions that your Portugal Golden Visa fund should be
able to answer. Inquire whether it has a balanced portfolio and risk
diversification. What is the company's exit strategy? We recommend that you ask
your independent fund advisor for a detailed explanation.
- What Is the
Timeline?
As an investor, you need to know how long your money will be locked in.
There are some important dates to remember, such as the CMVM registration
deadline, the end of the subscription period, and the fund's closure. Learn
everything you can about these during the vetting process.
Also, inquire whether the fund manager anticipates any potential extension
period. You can also inquire about the amount of capital raised thus far. This
will assist you in determining whether the target capital and subscription
period are compatible.
- Who Are the Fund
Managers?
Fund investing differs from real estate investing in that you must rely on
someone else: your fund manager and advisors. Before investing large sums of
money, it is critical to inquire about them.
Real estate developers are sometimes behind the funds, attempting to stuff
the fund portfolio with their own properties. They do this in order to
liquidate those properties with funds raised from investors. This is acceptable
as long as it fits into the fund's strategy. It is, however, something you
should be aware of.
- Does Your Fund
Manager Share Your Incentives?
It is reasonable for the fund manager to receive a performance fee at the
exit, which is a percentage of the potential profit. This is fine because it
provides a good incentive for the manager to maximize profits.
However, it's a good idea to inquire whether the fund manager or advisors
are also investors in that fund. They don't have to, but it's a strong vote of
confidence when they demonstrate an openness to both risks and rewards.
Tune in to Our
Webinar For More Insights
When deciding whether the fund option is right for you, there are numerous
factors to consider. In our next webinar, we’ll discuss these points and help
you have a better understanding of the Portugal Golden Visa funds route.
In this webinar, our team members and fund managers from Portugal will give
you tips about fund investment strategies and answer your questions regarding
the aspects to consider when choosing funds.
Click here to register.
About Get Golden Visa
Get Golden Visa is a full-service investment immigration
agency. We’ve helped hundreds of investors from tens of countries on their path
to Portugal Golden Visa through the investment fund.
Our
Portuguese office has licensed investment professionals that will help you
choose the right investment. Our key account managers will then hold your hand
throughout your whole application process, making sure all the moving parts run
as smoothly as possible.