What are the charges connected to a VCT?
- Initial set-up costs of the fund are usually 5.5% of the funds raised from investors.
- Annual management fees are usually between 2% and 2.5% of the VCT's net assets.
- Total annual costs are usually capped at around 3.6% of the VCT's net assets.
- Performance fees may be payable to the VCT fund manager above certain return hurdles.
News Update
- 09/05/2012 - Foresight sells Camwood stake to management team to realise return of over 3x for investors
- 25/04/2012 - Foresight appointed by the Department of Business, Innovation and Skills to manage an initial £50m fund targeting green infrastructure projects in the UK.
- 16/04/2012 - Foresight raises over £30m for Infrastructure VCT Shares making it the largest single VCT fundraising of the 2011/12 tax year