The independently owned and managed fund management business Unicorn Asset Management has declared that its AIM VCT’s latest £15m offer has closed and that its AIM IHT & ISA Portfolio Service is open for investment.
The Unicorn AIM VCT offer was fully subscribed and the firm says that investors who missed out on the latest VCT offer, can still access its AIM expertise via the Unicorn AIM & IHT Portfolio Service.
The Unicorn AIM VCT was launched in 2001 and the Net Asset Value per share has increased significantly, and shareholders have received approximately £43.2m in tax-free dividend distributions.
It is also currently the largest AIM-focused VCT in the market with net assets of approximately £160 million, with an established and diverse portfolio of investments.
Manager of the Unicorn AIM VCT Chris Hutchinson said: “There has been a very positive response from Advisers to this latest Offer, which was fully subscribed within two weeks of opening. Despite the current political and economic uncertainty across the globe, I am confident we can continue to find attractive investment opportunities for the VCT to complement the existing portfolio of profitable, cash generative and dividend paying companies that should thrive over the longer term.”
