INGENIOUS [

Entertainment VCTs 1 & 2 E and F Shares

The Ingenious Entertainment VCTs E and F Share offers closed in July 2011.

The Ingenious Entertainment VCTs invest in the entertainment sector targeting concerts, festivals, conferences, trade fairs, exhibitions, sporting events, theatrical productions and other entertainment-based content.

Funds raised through the Ingenious Entertainment VCT 1 & 2 E and F Share offers are currently being invested in the entertainment sector.

Date	31 December 2011
Current NAV E Share	93.1p
Current NAV F Share	93.3p
Income Tax Relief	30%
Cumulative Dividends Paid	£0.00

 

Risk warnings

• Tax rules, levels and regulations are subject to change and the availability of tax reliefs will depend upon individual circumstances.
• Past performance is not a guide to future performance and may not be repeated. The value of an investment can go down as well as up and investors may not get back the full amount invested.
• VCTs should be regarded as higher risk investments. They are only suitable for UK resident taxpayers who can tolerate higher risk and have a time horizon greater than five years.
• Shares in VCTs are usually highly illiquid. VCTs may be higher risk and more difficult to realise than investing in other securities listed in the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange. The secondary market for shares in VCTs is limited and as a result shares in VCTs can trade at a discount to the net asset value.
• VCTs are designed to provide capital for small companies and each VCT will invest in several companies. As such, there is a risk that these companies may not perform as hoped and in some circumstances may fail completely.

Your attention is drawn to the risk factors set out in the relevant Information Memorandum or prospectus.