Find key information on how to invest in BME Growth, the type of investors that best fit this market and the main characteristics of their companies. We also explain the trading and contracting operations, the costs, how to track your investments and the available information and analysis tools.
Which investors are interested in BME Growth?
BME Growth has a growing pool of qualified investors who lend their support and confidence to listed companies, but this segment is open to all types of investors, including individuals and institutions, as well as residents and non-residents.
However, before investing, it is essential to analyze each company in depth, including its business model, growth expectations, future projections and the associated risks. This is the only way to determine whether its characteristics align with the investment profile, time horizon and risk tolerance of each investor. Taking these issues into account allows for more strategic decisions in the selection and management of securities. In this regard, the support of an independent financial advisor can be key to reflecting on investment goals and designing a coherent, balanced and well-diversified portfolio.
It should be recalled that investing in companies traded on BME Growth generally implies assuming a higher level of risk than investing in larger companies with a more consolidated track record, as they are SMEs with expansion projects and business models in the development phase.
Investing in BME Growth companies is just as simple as investing in any security on the main market. Most brokers allow you to buy and sell these shares as usual. If a company does not appear in your broker’s search tool, you can request that they enable it for trading.
The standard procedure to invest in BME Growth securities is through a financial institution or broker. BME Growth securities are traded similarly to those on the main market and can be purchased through standard intermediaries or those specialized in this market. The first step is to open a securities account, from which the investor’s portfolio will be managed (transactions, dividend payments, subscriptions, or attendance at shareholders’ meetings). If any security does not appear as available on the intermediary’s platform, you can request that it be enabled. Before signing up, it is advisable to review the applicable fees and the channels available for placing orders.
Investors will be charged for three items: brokerage commissions, BME Growth market fees and settlement fees, equivalent to those applied on the stock exchange.
BME Growth securities are traded in a similar way to those on the main market. Depending on their size and liquidity, they may be traded on a continuous market or under the fixing modality, with auctions at 12:00 and 16:00.
The BME Growth website offers share prices, relevant information and various analysis tools for monitoring and making investment decisions. Additionally, the intermediary platforms and major economic media outlets provide investors with useful data and information. Furthermore, the My BME Growth Portfolio simplifies investment performance monitoring.
Features of BME Growth Listed Companies
Companies listed on BME Growth tend to be smaller than those on Bolsa, but they use this market to finance growth and gain visibility. Over time, some of them have experienced significant growth, even surpassing in size certain companies listed on the stock exchange and, in some cases, later joining that market.
To promote the liquidity of these securities, BME Growth employs liquidity providers, entities in charge of maintaining buy and sell orders in the market. Their actions contribute to reducing volatility and narrowing the price range, making trading more stable and efficient.
View List of Liquidity Providers
SOCIMIs: Liquidity for Real Estate Assets
SOCIMIs hold significant weight among BME Growth investors. These are listed companies engaged primarily in the acquisition and development of urban real estate assets for lease, as well as investment in other SOCIMIs or equivalent foreign entities (REITs). They are regulated by Law 11/2009 and operate under a specific tax regime. This regime establishes a 0% tax rate on their profits, provided that certain shareholder tax requirements are met and dividends are distributed at a rate of at least 80% of income from leases.
Advantages of SOCIMIs for investors
Transparency of Information Is a Key Element in the Operation of BME Growth
- Financial Information
- Inside Information and Other Relevant Information
- Company Analysis
Companies listed on BME Growth must periodically submit financial information to the market.
Half-yearly reporting: interim financial statements subject to at least a limited review by an auditor, as well as a description of the most relevant events of the period.
Annual reporting: audited annual accounts, which must be published within four months of the end of the financial year and accompanied by the corresponding management report.
All this documentation is available on the BME Growth website and in each company’s individual file.
MiFID II
MiFID II promotes more transparent and secure markets, enhancing investor protection and the quality of trading. We invite you to consult the documentation available on our website regarding equity trading.