Five

What Five does

MEGAQM (legal name: MEGA QM S.A., CUIT 30-71212645-7) is an Argentine private investment management company that operates as a Sociedad Gerente, administering a platform of seven mutual funds (Fondos Comunes de Inversión) under registration as Collective Investment Product Administration Agent No. 35 with the Comisión Nacional de Valores (CNV). The company was formed through the historic first-ever merger of two independent Argentine asset managers, positioning it as a leading mutual fund administrator backed by two of the country's largest economic groups. Its product range spans peso-denominated liquidity (MEGAQM Pesos), dollar liquidity (MEGAQM Liquidez Dólar), balanced (MEGAQM Balanceado), savings (MEGAQM Ahorro), dollar income (MEGAQM Renta Dólar), absolute return (MEGAQM Retorno Absoluto), and hedging (MEGAQM Cobertura) strategies, with assets under management exceeding 200 billion pesos across institutional, corporate, and high-net-worth individual clients.

The company's technology stack centers on a proprietary digital self-service platform that supports online investor account opening (with identity verification via photos and video declaration), an investment scenario simulator, and same-day subscription/redemption processing without intermediaries. Operational infrastructure relies on a tripartite custody structure (Banco de Servicios y Transacciones, Banco Comafi, Banco de Valores), market infrastructure partnerships with BYMA and A3 Mercados, and regulatory oversight from CNV and UIF for AML compliance.

MEGAQM generates revenue through recurring administration fees charged by the Sociedad Gerente as a defined percentage per share class, incorporated into displayed returns, with no entry or exit commissions. Minimum investments start at 1,000 ARS or 100 USD. The company claims to invest alongside its clients in the products it manages as an alignment mechanism. Distribution is exclusively through direct digital channels: a self-service platform targeting SMB/individual/consumer investors, and a B2B digital channel for enterprise institutional and corporate clients. The firm maintains an active content marketing presence via market reports, social media, and executive media appearances as opinion leaders, but operates exclusively within Argentina with no disclosed international expansion.

Name

Five

Legal name

MEGA QM S.A.

Website

https://quinquelafondos.com.ar

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

MEGAQM (MEGA QM S.A.) is an Argentine mutual fund manager (CNV-registered Agent No. 35) administering seven peso and dollar-denominated funds for institutional, corporate, and high-net-worth investors in Argentina, distributing exclusively through a proprietary digital self-service platform with 200+ billion pesos AUM.

Ownership category

akta.pro rank

Product category

Mutual Fund Management

NAICS

Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Money Market Funds (FSAAAEAC)

akta.pro secondary industry

Execution-Only / Self-Directed Investing Platforms (FSAAAAAI)

Keywords

• Mutual fund management
• Asset management services
• Investment fund administration
• Fixed income funds
• Dollar-denominated investments

Headquarters

HQ city

Caba

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Administration Fees: Commission charged by the Sociedad Gerente (Management Company) for administering the funds. It is a defined percentage for each type of share class that makes up each Fund. These commissions are already included in the displayed returns of products. Maximum caps are established in the management regulations of each fund.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

MEGAQM is an Argentine Sociedad Gerente that administers a family of seven Fondos Comunes de Inversión (FCI) in both Argentine pesos and US dollars, including money market, savings, balanced, dollar-income, absolute return, and hedging strategies. Investors access these funds via a proprietary digital platform that supports online account opening, an investment simulator, and real-time subscription and redemption processing, with minimum investments from ARS 1,000 or USD 100 and no entry or exit commissions. The platform serves institutional, corporate, and high net worth individual clients, with assets under management exceeding 200 billion ARS.

Product overview

MEGAQM is a leading mutual fund management company (Sociedad Gerente) offering a comprehensive platform of Fondos Comunes de Inversión (FCI) in both pesos and US dollars. The product portfolio includes seven distinct fund types: MEGAQM Pesos (money market/short-term bonds), MEGAQM Liquidez Dólar (dollar liquidity), MEGAQM Balanceado (balanced mixed allocation), MEGAQM Ahorro (savings-focused), MEGAQM Renta Dólar (dollar income/bonds), MEGAQM Retorno Absoluto (absolute return), and MEGAQM Cobertura (hedging/coverage). The funds range from low-risk liquidity products to higher-risk growth-oriented strategies, with minimum investments starting at $1,000 ARS or $100 USD. The company operates a digital platform enabling full investment lifecycle management including account creation, subscriptions, redemptions, and portfolio tracking.

Differentiator

Problem solved

Functional benefit

Brands

• MEGAQM Pesos: Mutual fund product denominated in Argentine pesos
• MEGAQM Liquidez Dólar
• MEGAQM Balanceado
• MEGAQM Ahorro
• MEGAQM Renta Dólar
• MEGAQM Retorno Absoluto
• MEGAQM Cobertura

Products and services

• MEGAQM Pesos Peso-denominated money market mutual fund (FCI) investing in short-term local currency instruments such as fixed-term deposits and short-term bonds for conservative investors seeking capital preservation and stable peso returns. Minimum investment from ARS 1,000; no entry or exit fees; administration fees included in displayed returns.
• MEGAQM Liquidez Dólar US dollar-denominated liquidity mutual fund providing exposure to USD assets with high liquidity and minimal volatility for investors seeking dollar-denominated returns. Minimum investment from USD 100; no entry or exit fees; administration fees included in displayed returns.
• MEGAQM Balanceado Balanced mutual fund that dynamically allocates capital across fixed-term deposits, bonds, and equities based on market conditions and the investor's risk profile, with mixed peso and dollar exposure. No entry or exit fees.
• MEGAQM Ahorro Conservative peso-denominated savings mutual fund for investors seeking short-to-medium term capital preservation with moderate yields. No entry or exit fees; minimum investment from ARS 1,000.
• MEGAQM Renta Dólar US dollar-denominated income mutual fund investing primarily in USD bonds and fixed-income securities to deliver medium-term returns with managed interest rate risk. No entry or exit fees; minimum investment from USD 100.
• MEGAQM Retorno Absoluto Absolute return mutual fund seeking positive returns regardless of market direction through diversified fixed-income and money market instruments. No entry or exit fees.
• MEGAQM Cobertura Hedging coverage mutual fund designed to protect portfolio value against currency risk and market volatility through derivative instruments and defensive positioning. No entry or exit fees.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Banco de Servicios y Transacciones S.A.coreOthersOne of three custodian societies (Sociedades Depositarias) that maintains custody of the fund's securities assets, collects subscription contributions, and processes redemption payments. This is a regulatory requirement for mutual fund operations in Argentina.
• Banco ComaficoreOthersOne of three custodian societies (Sociedades Depositarias) that maintains custody of the fund's securities assets, collects subscription contributions, and processes redemption payments. This is a regulatory requirement for mutual fund operations in Argentina.
• Banco de ValorescoreOthersOne of three custodian societies (Sociedades Depositarias) that maintains custody of the fund's securities assets, collects subscription contributions, and processes redemption payments. This is a regulatory requirement for mutual fund operations in Argentina.
• BYMA (Bolsas y Mercados Argentinos)supportingTechnology or IntegrationArgentine capital markets infrastructure provider. BYMA provides the trading and market infrastructure for securities transactions executed by the mutual funds.
• A3 MercadossupportingTechnology or IntegrationMarket data and trading technology provider for Argentine capital markets. Provides market information and trading services for fund operations.
• CNV (Comisión Nacional de Valores)coreOthersArgentine securities regulator. MEGAQM is registered as Collective Investment Product Administration Agent No. 35 under CNV regulation. Regulatory oversight and compliance partnership.
• UIF (Unidad de Información Financiera)supportingOthersArgentine financial intelligence unit for anti-money laundering oversight. MEGAQM operates under UIF regulations for financial crime prevention.

Scale indicators3 records

Recent moves6 records

Direct peers

• Compass Group Argentina: Independent Argentine investment management firm offering mutual funds and portfolio management services to institutional and corporate clients. Directly comparable to MEGAQM as an independent Argentine asset manager without bank affiliation.
• Allaria Ledesma & Cía: Argentine financial services firm offering asset management, brokerage, and corporate advisory services. Operates mutual fund products similar to MEGAQM and competes directly for institutional and high-net-worth client mandates.
• Balanz Fondos: Mutual fund management arm of Balanz, one of Argentina's leading independent asset managers. Directly comparable to MEGAQM in product platform structure and target investor segments.
• Puente SA: Argentine investment management and brokerage firm managing portfolios and offering mutual fund products to institutional and retail clients. Direct competitor to MEGAQM in the independent asset management space serving similar institutional, corporate, and HNW segments.
• Balanz Capital: Independent Argentine asset manager and brokerage offering mutual funds, portfolio management, and investment advisory services to retail, corporate, and institutional clients. Directly comparable to MEGAQM as an independent Sociedad Gerente competing outside the bank-owned segment.

Broad incumbents

• ICBC Investments Argentina: Bank-owned asset management arm of ICBC Argentina, offering mutual funds and portfolio management with deep distribution via parent bank network. Comparable to MEGAQM in product offering but with structural distribution advantages.
• Banco Galicia Fondos Fima: Asset management division of Banco Galicia managing the FIMA mutual fund family distributed through Galicia's branch and digital channels. Bank-owned incumbent competing with MEGAQM across multiple product categories.
• BBVA Asset Management Argentina: Asset management subsidiary of BBVA Argentina managing mutual funds distributed through BBVA's bank branch network. Competes with MEGAQM in peso and dollar-denominated fund categories for retail and corporate treasury clients.
• Schroders Argentina: Global asset manager with Argentine operations offering mutual fund products and discretionary portfolio management. Comparable to MEGAQM in offering type, with international expertise and brand as differentiator.
• Santander Asset Management Argentina: Asset management subsidiary of Santander Río offering mutual funds in pesos and dollars distributed via Santander's retail and corporate banking network. Comparable to MEGAQM's product suite with bank distribution advantages.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/QuinquelaFondos
• YouTubeyoutube.com/channel/UCVahtrvcNL_XQI67AUOmSNg
• Facebookfacebook.com/MegaQMFCI
• LinkedInlinkedin.com/company/megaqm
• Instagraminstagram.com/megaqm

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Five