Where it invests
Fixed and floating rate bonds and shares, mainly in Europe. Up to 60% in shares and instruments with equity exposure.
Securities investment funds · Retirement savings
BIZ Europa Valorização PPR
A balanced portfolio of bonds and equities, mainly European, to supplement retirement. It starts at €100 and seeks long-term growth.
Risk indicator4 of 7
Minimum recommended term5 years
Initial subscription€100
Hypothetical example: €1,000 initially, €100 per month and 3% per year, before taxes and fees. It does not represent fund performance.
About the fund
Retirement savings with a long horizon
BIZ Europa Valorização PPR is a retirement savings fund managed by BIZ Capital. It invests in a balanced portfolio of fixed and floating-rate bonds and equities, mainly European, with a maximum of 60% in equities, following risk diversification criteria.
It starts at €100 and accepts top-ups from €1. Income stays in the fund to compound over time. Transfers to another retirement plan are possible at any time, free of charge.
It suits those saving for five years or more who accept some fluctuation in value. It carries the tax benefits of retirement savings plans. There is no guarantee of capital or return.
Strategy
How the fund is managed
What it seeks
Medium and long-term growth to supplement retirement. It is an accumulation fund that does not distribute income.
How it manages risk
It diversifies across asset classes and invests mainly in euro assets. Under normal conditions, it does not hedge currency risk.
Performance
Fund performance
The manager publishes the unit value weekly, but we found no public series. The 2024 document states that the fund has no specific benchmark. The chart will be added when official data is available.
Past returns do not guarantee future returns. Prototype: data to be validated by the manager.
Composition
Where the fund invests
The manager has not yet published this fund's portfolio composition.
Terms
Fund details
| Management company | BIZ Capital SGOIC, SA |
|---|---|
| Currency | EUR |
| Class | Alternative investment undertaking in securities |
| Initial subscription | €100 |
| Minimum top-ups | €1 |
| Subscription fee | Classes A and B: 0% · Class C: 5% |
| Redemption fee | Classes A and B: 2% up to 2 years, 1% up to 5 years, 0% thereafter · Class C: 0% |
| Management fee | Class A: 2.25% · Class B: 1% · Class C: 2.25% |
| Variable management fee | Up to 25% of the excess over the benchmark, if the final annual return is positive |
| Transfer | Possible at any time, free of charge |
| Redemption payment | 4th business day after the redemption period |
|---|---|
| Income | Accumulation |
| Inception | 28/04/2025 |
| ISIN class A | PTBZSGHM0009 |
| ISIN class B | PTBZSHHM0008 |
| Equity exposure | Up to 60% of fund value |
| Subscription and redemption | From Tuesday 9:00 to Monday 12:00, at an unknown price |
| Depositary bank | Bison Bank, S.A. |
| Auditor | BDO & Associados, SROC |
Data from bizcapital.eu, the prospectus and the official fund documents, accessed on 6/11/2026. Assets and unit value: DECO PROteste. Always check the Key Information Document.
Simulator
How much could you accumulate?
Documents
Fund documents
Frequently asked questions
The essentials about the fund
What is a PPR?
A PPR is a Portuguese retirement savings plan: a long-term savings product with its own tax rules, designed to supplement income in retirement.
What tax benefit do I get?
Contributions qualify for a 20% deduction from personal income tax, up to €400 under age 35, €350 from 35 to 50 and €300 over 50, within overall deduction limits. Check the rules in force.
When can I redeem without a tax penalty?
In the situations set out in law, such as old-age retirement, long-term unemployment, permanent incapacity or serious illness, once the legal conditions are met. Otherwise you repay the benefits with a 10% increase per year. Check the rules in force.
How much does it cost?
Classes A and B have no subscription fee. Redemption costs 2% up to 2 years, 1% up to 5 years and nothing after that. The management fee is 2.25% for class A, 1% for B and 2.25% for C, which has a 5% subscription fee and no redemption fee.
What is the risk?
The risk indicator is 4 out of 7. There is no capital guarantee. Up to 60% of the portfolio may be in equities, so the value fluctuates, especially over short periods. The fund is not suitable for less than 5 years.
Can I transfer to another PPR?
Yes, at any time, with no transfer fee.
What happens in the event of death?
The surviving spouse or statutory heirs may request repayment, unless a will or beneficiary clause says otherwise. If the plan is joint marital property, this applies to the deceased's share.