Venture Capital Trusts (VCTs) first appeared in 1995 to encourage individuals to invest indirectly in a range of small higher-risk trading companies using a listed Investment Trust structure.
Ingenious VCTs offered the following benefits:
- Attractive expected returns and consistent annual tax-free dividends
- 30% income tax relief
- 5-year liquidity strategy
Any gains made on the sale of shares in a VCT are not subject to Capital Gains Tax. Additionally, as an Investment Trust, the VCT does not pay Corporation Tax on gains arising on the disposal of underlying VCT investments.
Ingenious VCTs focus on the media and entertainment sectors. We believe that lifestyle changes, de-regulation and technological advances in the digital space have created excellent investment opportunities for knowledgeable investors. Our VCTs offered a unique chance to participate in an exciting and thriving area of the UK economy. Over many years Ingenious has developed an unrivalled reputation for its specialist knowledge of these industries, and no one is better placed to take advantage of these changes.
This knowledge has been applied across a wide range of investments including media, entertainment and alternative content companies through our Live and Entertainment VCTs.
Since the launch of the first Ingenious VCT in 2004, our specialist team has raised and managed over £110 million. All our VCTs are carefully managed by a team with proven experience in promoting, structuring and managing investment opportunities across the media and entertainment sectors.
The Ingenious Entertainment VCTs pursue an increasingly successful strategy of investing in live entertainment and premium branded content. Our investments have included music festivals such as Creamfields, Rewind, Underage and Field Day and live entertainment content such as Golf Live and Taste of London.
- 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 businesses. Each VCT is invested in several companies and as such, there is a risk that these companies may not perform as well as hoped. In some circumstances, they may even fail completely.