Glossary

ETF

Published 8 November 2026, 22:29
ETF — Exchange-Traded Fund (a fund traded on a stock exchange)

A fund whose units are traded on a stock exchange, like shares. It usually just tracks an index — global shares, for example — so its management fees are low, around 0.1–⁠0.5% a year. You can buy it through a bank or a broker. Unlike a PPR, it gives no tax deduction: in Portugal, the gain is taxed at 28% when you sell.

Where you come across it. Broker apps and banks; comparisons with PPRs and deposits.
Gains from selling ETF units must be declared on your annual IRS return, even if the broker is abroad.
Official website: comparappr.pt/estudos/ppr-ou-etf-custos-vantagem-fiscal

Latest news

Caixa refusals show up at every branch, an AIMA booking covers an expired visa, and beginners are told to buy global ETFs 8 November 2026, 04:34 PPR pension plan fees eat up most of the tax advantage. With costs of 2% a year there is no gain at all 2 November 2026, 21:32