VCT guide

Octopus Titan VCT Seneca Growth Capital VCT Plc MANAGER NAME Octopus Investments Seneca Partners Ltd YEAR FOUNDED 2000 2010 AUM (IN TOTAL) / AUM (VCT) £8.6bn / £825m £151.2m / £8.1m DESCRIPTION OF OFFER The UK’s largest VCT*, giving investors the opportunity to participate in the growth of some of the UK’s most exciting entrepreneurial businesses. Managed by one of Europe’s most experienced investment teams, Titan has backed some of the UK’s most successful entrepreneurs, including the founders of Zoopla Property Group, Secret Escapes and graze.com £10m open offer with an over-allotment facility of up to a further £10m. Therefore, the offer is intended for those investors who are primarily seeking tax-free income from a diverse portfolio of investments in established SMEs across the UK, whilst also seeking to maintain the value of the capital invested LAUNCH DATE 16 September 2019 10 July 2019 UNDERLYING ASSETS 75** early stage companies in a diverse range of sectors Unquoted and AIM quoted shares TARGET NO. OF HOLDINGS No specific target 7 to 10 per £10m TARGET ANNUAL RETURN No target return, 5% dividend target. We expect to maintain the NAV/grow it as well as pay out the 5% N/A TARGET FUNDRAISE £120m £25m with £20m over-allotment facility INVESTMENT OBJECTIVE Invest in UK tech-enabled businesses that have the potential for a 10x return To generate tax free income and capital growth over the longer term INVESTMENT HORIZON 5 year minimum holding period, although no recommended investment horizon (usually 5-10 years for a VCT makes sense but depends on client and advice etc) 5 years + MINIMUM INVESTMENT £3,000 £5,000 INITAL FEE Please refer to the brochure for fees and charges 3% (advised), 5.5% (non advised) - Early Bird and Loyalty Discounts may be available AMC Please refer to the brochure for fees and charges 2% + VAT OTHER FEES Please refer to the brochure for fees and charges Performance Fee 20% + VAT* 66 PROVIDERS IN FOCUS Contact details www.blackfinch.com g.pugh@blackfinch.com 07885 898374 www.growthinvest.com enquiries@growthinvest.com 020 7071 3945 www.octopusinvestments.com support@octopusinvestments.com 0800 316 2067 www.senecapartners.co.uk clientteam@senecapartners.co.uk 01942 271746 www.nvm.co.uk tim.levett@nvm.co.uk charles.winward@nvm.co.uk 01189 517 000 www.amatiglobal.com info@amatiglobal.com 0131 503 9115 67 PROVIDERS IN FOCUS *AIC, 29 August 2019 **As at 31 April 2019 * Charged each year on distributions made where the total return for that year is 5% or higher