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A good question to ask a VCT manager

For professional advisers and paraplanners only. Not to be relied upon by retail clients.

Before recommending a venture capital trust (VCT) to a client, it’s worthwhile asking whether that VCT manager has shown they can adapt to rule changes.

Why?

Adapting to change is an inevitable part of managing a VCT.

VCTs have been around for nearly a quarter of a century now. And a big part of that story has involved regular, supportive changes to the rules that govern them. These have allowed the government to direct capital to where it will have the greatest impact.

This blog post from Octopus looks at some historic VCT rule changes and how the VCT market continually evolves.

It also looks at the strategy of Octopus Apollo VCT, which has adapted in line with the most recent VCT rule changes.

Read the blog HERE

If you’d like to know some more about Apollo having read the blog, you can also sign up to this Octopus webinar on Tuesday 3 September at 11am.

Register for the webinar HERE

Key VCT risks:

  • The value of a VCT investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
  • Tax treatment depends on individual circumstances and may change in the future.
  • Tax reliefs depend on the VCT maintaining its VCT-qualifying status.
  • VCT shares are by their nature high risk, their share price may be volatile and they may be hard to sell.

VCTs are not suitable for everyone. Any recommendation should be based on a holistic review of your client’s financial situation, objectives and needs. We do not offer investment or tax advice. This advertisement is not a prospectus. Investors should only subscribe for shares based on information in the prospectus and Key Information Document (KID), which can be obtained from octopusinvestments.com. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 03942880. Issued: August 2019. CAM008620-1908

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