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Closed Pension Funds

Pension Funds 

Open – Occupational Membership

Open Pension Funds

An Open Pension Fund is established by the Management Entity and represented by participation units. Under occupational membership, it allows multiple corporate entities without any common link to join together and fund the ideal pension scheme for each specific group. For Defined Benefit (DB) solutions, we highlight the Fundo Real Previdência Empresas, FP.

An Open Pension Fund available for occupational membership. Established on 31 October 1999, and managed by Real Vida Pensões.

Description

This Pension Fund is specifically aimed at investors with a moderate risk tolerance profile or a medium-term investment horizon. It has no minimum subscription.

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Technical Sheet

Fund Type

An Open Pension Fund available for occupational membership

Inception Date

31 October 1999

Management Entity

Real Vida Seguros

Distribution

Real Vida Seguros

Remuneration Type

Accumulation

Investment Policy
Asset Class
Equities
Bonds
Real Estate
Cash / Liquidity
Limits
From 0% to 30%
From 20% to 90%
From 10% to 35%
From 0% to 50%
CRE*
15%
65%
20%
-
Investor Profile

Moderate risk tolerance or medium-term investment horizon

Minimum Subscription

None

Subscription Fee (Entry Charge)

Maximum of 2% on contributions to the Fund

Redemption Fee (Exit Charge)

0.25% of the redemption amount, capped at a maximum of €25 per transaction

Transfer Fee

0.25% of the transfer amount, capped at a maximum of €25 per transaction

Management Fee

a) a fixed annual fee, charged monthly, with a maximum value of 2% on the average net asset value of the Fund;
b) an annual performance fee, charged at the end of each financial year, with a maximum value of 20% on the excess of the Fund's annual return above a benchmark index stipulated in the respective Occupational Membership agreement.

Custodian Fee

0.05% of the Fund's net asset value, calculated daily and charged monthly

Conditions and Fiscal Regime

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Access Conditions

In accordance with the Rules of the Pension Scheme specified in the occupational joining agreement

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Tax Regime

In accordance with the Rules of the Pension Scheme.

Documentation

Scheme Rules & Management Regulations

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FAQS

Frequently Asked Questions

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