Tax Breaks Tempt Investors into VCTs in Record Numbers

It’s been a record year for VCT sales so far. Is it time to look again at these higher-risk investments?

Emma Simon 19 February, 2018 | 1:01PM
Facebook Twitter LinkedIn

Sales of higher-risk Venture Capital Trusts (VCTs) are booming. Latest figures show that in this tax year £474 million has been invested to date – more than double the amount that was invested in these vehicles at this point last year.

VCTs are long-term investments which pay tax-free dividends.

This increased demand has meant a number of popular VCTs have already reached their funding capacity, and have closed their doors to new investors well ahead of the end of the tax year.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Downing ONE VCT57.00 GBP0.00
Marlborough Special Situations P Acc2,639.01 GBP0.57Rating
Maven Income & Growth VCT 5 Ord36.40 GBP0.00
Mobeus Income & Growth 2 VCT Ord98.00 GBP0.00
Mobeus Income & Growth 4 VCT Ord95.50 GBP0.00
Octopus AIM VCT 287.50 GBP0.00
Octopus Titan VCT Ord108.50 GBP0.00
Oxford Technology VCT Ord27.50 GBP0.00
ProVen VCT Ord70.50 GBP0.00
Unicorn AIM VCT Ord213.00 GBP0.00

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for