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

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.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Artemis VCT PLC O Inc44.45 GBP0.00
Downing ONE VCT55.10 GBP0.00
Downing Three VCT 'F' Ord26.30 GBP0.00
Marlborough Special Situations P Acc1,385.76 GBP0.25
Maven Income & Growth VCT 5 Ord32.89 GBP0.00
Mobeus Income & Growth 2 VCT Ord84.66 GBP0.00
Mobeus Income & Growth 4 VCT Ord64.16 GBP0.00
Octopus AIM VCT 261.90 GBP0.00
Octopus Titan VCT Ord89.00 GBP0.00
Oxford Technology VCT Ord43.90 GBP0.00
ProVen VCT Ord63.10 GBP0.00
Unicorn AIM VCT Ord128.32 GBP0.00

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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