# Market Driven Golden Visa Fund Options (like Optimize Golden Opportunities) **URL:** \ **Category:** Portugal Golden Visa\ **Tags:** portugal\ **Created:** [July 28, 2024, 7:22pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605 "2024-07-28T19:22:49Z")\ **Posts on this page:** 14\ **Page:** 1
**Author:** ![mdobbles](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/m/b5ac83/32.png) [@mdobbles](https://community.nomadgate.com/u/mdobbles)\ **Post date:** [July 28, 2024, 7:22pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/1 "2024-07-28T19:22:49Z")
I’m looking at investing in the [Optimize](https://nomadgate.com/go/optimize-fund?source=forum) Golden Opportunities Fund. The main thing I like about it is that it has market-driven valuation (the price of the fund on any given day is set by a public market that could be found online). I’m skeptical of development oriented funds or VC funds where I’m relying on the fund manager to acquire fairly priced assets. Does anyone know of other fund like [Optimize](https://nomadgate.com/go/optimize-fund?source=forum) Golden Opportunities which is a basic basket of equities and bonds? Would also be particularly interested in a fund that invests in Portuguese government bonds. ---
**Author:** ![cj807](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/c/fbc32d/32.png) [@cj807](https://community.nomadgate.com/u/cj807)\ **Post date:** [July 28, 2024, 7:33pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/2 "2024-07-28T19:33:14Z")
The two usual suspects are [IMGA](https://nomadgate.com/go/imga-portugal-fund?source=forum) Ações Portugal and BPI Portugal. They have similar portfolios, roughly track the PSI20 index, both well-established with long histories. People in these forums have posted extensively about them: search for both names. BPI Portugal charges much lower fees (1.195% vs about 2.25% pa) and thus tends to outperform, but (at least when I invested in 2021) was unavailable to US investors due to FATCA issues. ---
**Author:** ![ted.mccarron.fi](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/t/f19dbf/32.png) [@ted.mccarron.fi](https://community.nomadgate.com/u/ted.mccarron.fi)\ **Post date:** [July 30, 2024, 10:37pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/3 "2024-07-30T22:37:32Z")
[Optimize](https://nomadgate.com/go/optimize-fund?source=forum) has been a winner for us so far. No tax until you sell. No more fees and the current value is easily discernable. IMO! ---
**Author:** ![cj807](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/c/fbc32d/32.png) [@cj807](https://community.nomadgate.com/u/cj807)\ **Post date:** [July 31, 2024, 4:57am UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/4 "2024-07-31T04:57:11Z")
Fees on [Optimize](https://nomadgate.com/go/optimize-fund?source=forum) seem to be 1% on subscriptions and a 1.8% per year management fee ---
**Author:** ![mdobbles](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/m/b5ac83/32.png) [@mdobbles](https://community.nomadgate.com/u/mdobbles)\ **Post date:** [July 31, 2024, 3:00pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/5 "2024-07-31T15:00:35Z")
Indeed. But I haven’t found better have you? ---
**Author:** ![ted.mccarron.fi](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/t/f19dbf/32.png) [@ted.mccarron.fi](https://community.nomadgate.com/u/ted.mccarron.fi)\ **Post date:** [July 31, 2024, 8:54pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/6 "2024-07-31T20:54:38Z")
Have you looked at their performance? I said before no more fees but yes there are embedded mgmt fees. When I spoke with them last year they anticipated that fee to be reduced over time… but who knows! ---
**Author:** ![cj807](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/c/fbc32d/32.png) [@cj807](https://community.nomadgate.com/u/cj807)\ **Post date:** [July 31, 2024, 11:12pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/7 "2024-07-31T23:12:34Z")
Well, BPI Portugal is cheaper at zero upfront and 1.195% management fee ---
**Author:** ![MEH](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/m/45deac/32.png) [@MEH](https://community.nomadgate.com/u/MEH)\ **Post date:** [February 20, 2025, 5:21pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/8 "2025-02-20T17:21:05Z")
It’s been a while since you posted this. I did a search on [Optimize](https://nomadgate.com/go/optimize-fund?source=forum) and found it. How was the rest of your experience with [Optimize](https://nomadgate.com/go/optimize-fund?source=forum)? ---
**Author:** ![jhashkes](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/j/f1d935/32.png) [@jhashkes](https://community.nomadgate.com/u/jhashkes)\ **Post date:** [February 21, 2025, 3:53am UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/9 "2025-02-21T03:53:29Z")
Are you saying there are no U.S. taxes until you sell? How does that work with PFIC reporting? ---
**Author:** ![S\_Kierkegaard](https://community.nomadgate.com/user_avatar/community.nomadgate.com/s_kierkegaard/32/7413_2.png) [@S\_Kierkegaard](https://community.nomadgate.com/u/S_Kierkegaard)\ **Post date:** [March 7, 2025, 3:58am UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/11 "2025-03-07T03:58:45Z")
Right, I would think that PFIC rules would apply. I just invested in [Optimize](https://nomadgate.com/go/optimize-fund?source=forum) but haven’t asked my accountant yet. That just means you need to mark to market your investment each year; while this is not ideal, I view it as part of the cost of doing business. ---
**Author:** ![jhashkes](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/j/f1d935/32.png) [@jhashkes](https://community.nomadgate.com/u/jhashkes)\ **Post date:** [March 7, 2025, 4:09am UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/12 "2025-03-07T04:09:38Z")
I recently received confirmation from [Optimize](https://nomadgate.com/go/optimize-fund?source=forum) that you cannot use mark-to-market since they are not traded on a public exchange. QEF is the way to go. Same for the other available [open funds](https://nomadgate.com/portugal/open-ended-funds/?source=forum). ---
**Author:** ![frond-exiles-0q](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/f/e79b87/32.png) [@frond-exiles-0q](https://community.nomadgate.com/u/frond-exiles-0q)\ **Post date:** [March 8, 2025, 2:36am UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/13 "2025-03-08T02:36:20Z")
QEF is more efficient than M2M in f you are trying to optimize your returns. ---
**Author:** ![ali3](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/a/e36b37/32.png) [@ali3](https://community.nomadgate.com/u/ali3)\ **Post date:** [March 9, 2025, 7:57pm UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/14 "2025-03-09T19:57:48Z")
Check out [sixty degrees](https://nomadgate.com/go/sixty-degrees-acoes?source=forum) and [Oxy](https://nomadgate.com/go/portugal-liquid-opportunities?source=forum) Capital as well. They both have an [open ended fund](https://nomadgate.com/portugal/open-ended-funds/?source=forum). ---
**Author:** ![BM\_Nomad](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/b/d07c76/32.png) [@BM\_Nomad](https://community.nomadgate.com/u/BM_Nomad)\ **Post date:** [May 18, 2025, 12:11am UTC](https://community.nomadgate.com/t/market-driven-golden-visa-fund-options-like-optimize-golden-opportunities/65605/15 "2025-05-18T00:11:46Z")
We would love to hear about your year long experience with [Optimize](https://nomadgate.com/go/optimize-fund?source=forum). Do you still like the fund? Do you like the management company? If you were starting again today would you choose this same fund?