Underlying exposures
Follow the instruments, companies and activities behind a fund, including hospitality, collectibles and digital assets.
Explore fund exposures
Independent research · Portugal Funds by Nomera Capital
Independent research. Decisions grounded in data.
Explore Portugal Funds, our proprietary database connecting Portuguese funds, managers, underlying exposures, fees and source documents. Compare the evidence, discover portfolio insights and form your own conclusions — across the full market, including Golden Visa-classified funds.
No commissions from funds. No commercial incentive to favour one fund or manager. The evidence is yours to assess.
2,031
Funds in Portugal
162
Manager profiles
134
GV-classified funds
1,078
Funds with NAV history
Fund universe includes historical records. GV classification reflects current programme assignments. Updated 27 Oct 2026. Explore the market insights
Portugal Funds · Self-service research
One database. Connected evidence. Independent insight.
Portugal Funds is the self-service path within Nomera Capital’s Fund Research & Analysis service. Our proprietary database connects the full Portuguese fund universe — including Golden Visa-classified funds — with manager information, underlying holdings, fee structures and source documents. Use the data and analytical tools independently, at your own pace.
Independent coverage: open-ended and closed-ended funds, with consistent criteria and no preference for a fund or manager.
Connected evidence: portfolio holdings, economic exposures, fees by class, manager financial information and source documents.
Proprietary research: Stock Picking Ability, Downside Protection, portfolio insights and comparison tools.
Search by investor-access requirements. Find funds that accept US persons, support jumbo accounts or report Shariah compliance. Review the conditions and supporting documents for each fund and share class, and confirm current terms with the fund provider.
Portugal Funds now has its own public website for platform details, current plans and access options. View plans and pricing. Review the plans before continuing to the app; consultancy is optional.
Institutional access for fund managers and service providers
Fund profile, fee ranges, reported size and historical manager scores.
Example screens captured in October 2026. Figures and features shown are illustrative, not live data or investment recommendations.
Portugal Funds research
Follow the data. Understand the exposure.
Portugal Funds connects Nomera Capital’s proprietary fund database with independent research across open-ended and closed-ended funds. We receive no commissions from funds and have no commercial incentive to favour a fund or manager.
Stock Picking Ability
Our proprietary model examines whether measured historical portfolio decisions improved subsequent returns.
Read the model methodologyDownside Protection
Our proprietary model examines whether measured historical decisions reduced subsequent peak-to-trough losses.
Understand the assessmentPortfolio and market insights
Explore holdings, allocations, portfolio overlap and changes, alongside fund size and estimated net flows.
Explore market insightsFund manager research
Connect manager profiles, financial information, teams and managed funds. Keep company analysis separate from fund-level decision scores.
Explore manager research questionsFees and investor access
Search for funds that accept US persons, support jumbo accounts or report Shariah compliance. Compare fees and class-specific conditions, with Self-Directed IRA information where available.
Understand terms and feesStock Picking Ability and Downside Protection are experimental historical assessments at fund level, not forecasts or capital guarantees. Read results with their dates and methodology.
Choose your path
Two independent services.
Explore the evidence yourself, work with Nomera Capital on fund research, or engage Pares Advogados for legal advice. Choose either service or both; each provider has its own scope and terms.
01
Fund Research & Analysis
Nomera Capital
Portugal Funds Database
Our proprietary database, source documents and analytical tools. Research independently, at your own pace.
Explore → Subscribe → ResearchNo discovery call required
Subscribe to Portugal Funds Explore the Portugal Funds website Guided Fund Research
Comparative analysis, document review and explanations, with six months of Portugal Funds app subscription included.
Discovery call → Agreed scope → ResearchOngoing monitoring is optional
Explore guided research 02
Golden Visa Legal Advisory
Pares Advogados
Your Golden Visa process
Legal assessment, documentation, applications and ongoing legal support within your agreed engagement.
Discovery call → Legal engagementIndependent of the research service
Explore legal support Portugal Funds remains available independently. Guided Fund Research and legal support each start with a discovery call; neither is required for a self-service subscription.
View the full service scopesResearch guides
Explore structures, exposures, fees and portfolio analysis.
Our guides explain the data and terms used to compare funds. Follow the evidence and form your own conclusions.
Guide 1
Fund Structures and Strategies
Explore fund structures, private equity models and value creation, venture capital, credit, historical performance references, underlying exposures and fees for independent Golden Visa fund research.
Read the guide
Guide 2
Private Equity Return Metrics
Distinguish distributions, estimated remaining value and cash-flow timing when comparing private equity performance at fund and investor level.
Read the guide
Guide 3
Fund Comparison Checklist
A practical framework for comparing underlying exposures, fees, liquidity, manager information and subscription conditions across Portuguese funds.
Read the guide
Guide 4
Questions for Fund Managers
Organise a factual conversation about the portfolio, fees, responsibilities, manager financial information, performance and investor access.
Read the guide
Guide 5
Underlying Fund Exposures
Follow the connection between a fund’s reported holdings and its economic exposure, including hospitality, collectibles and digital assets.
Read the guide
Guide 6
Fee and Distribution Simulator
Explore how subscription charges, fee bases, hurdle accrual and waterfall definitions interact in hypothetical investor cash flows.
Read the guideGolden Visa context
The fund decision sits inside a broader residency plan.
Why investors use the Portugal Golden Visa
- Plan B security: a European residency option for the family.
- Investment diversification: exposure to Portuguese and European strategies through regulated vehicles.
- Residence flexibility: limited stay requirement during the Golden Visa phase.
- Schengen mobility: travel flexibility across the Schengen area.
- Optional citizenship path: after the qualifying legal timeline, subject to law and eligibility.
Core fund-route requirements
- Minimum investment: EUR 500,000 in one or more qualifying Portuguese investment funds.
- Fund conditions: at least 60% invested in Portuguese companies, minimum 5-year maturity, and no real estate investment.
- Applicant scope: main investor plus eligible family members.
- Documentation: proof of investment, source of funds, criminal records, and immigration filings.
- Hold period: investment and residency obligations must be aligned with the immigration timeline.
Latest from the Blog
2025-10-30•Cristóvão Matos
Portugal Golden Visa 2025: From Citizenship Shortcut to Investment Strategy
Do you want to diversify your portfolio into Europe and the euro? Looking for a flexible Plan B that lets you invest, live, or retire in Portugal — without relocating? Portugal Golden Visa is your smarter way to invest and stay connected to Europe’s future.
Read more
2025-10-31•Cristóvão Matos
Portugal Posts Strongest Q3 GDP Growth Among Eurozone Peers
Portugal’s economy grew 2.4% year-on-year and 0.8% quarter-on-quarter in Q3 2025 — the fastest in the Eurozone. Driven by strong domestic demand and resilient investment, this performance highlights Portugal’s stability and solid fundamentals, reinforcing its appeal as a safe, growth-oriented destination for Golden Visa investors.
Read moreFrequently Asked Questions
Explore Portugal Funds, independent fund research, optional support and the Golden Visa fund route.
Portugal Funds & Nomera Capital
Portugal Funds is Nomera Capital’s analysis tool covering all Portuguese funds, including Golden Visa-classified funds. It is available through individual or institutional access independently of the Golden Visa Funds consultancy service.
Independent research. Your next step.
Explore the evidence with Portugal Funds.
Connect fund and manager data, exposures, fees and source documents in our proprietary database. Subscribe and research independently. Guided Fund Research is optional support; legal advice is provided separately by Pares Advogados.
Testimonials about our work
Clients describe their experience of our information, communication and support during their Golden Visa process.
"From the USA to Portugal, the journey to obtain the Golden Visa seemed overwhelming. Yet, the team's professionalism, clarity, and support made all the difference. Their detailed advice and the wealth of information they provided were beyond expectations. They've been instrumental in our successful application, demonstrating their commitment to excellence at every turn."
(Client details confidential, please ask us for reference.)
"As someone from Turkey looking to invest in Portugal for the Golden Visa, the challenges seemed daunting at first. However, the professional and personalized service provided by the team turned it into an achievable dream. Their thorough understanding of the investment landscape and the Golden Visa requirements was remarkable. They are true experts in their field."
(Client details confidential, please ask us for reference.)