Octopus Apollo VCT invests in businesses that have already brought their product or service to market successfully, with a growing and diversified customer base. Typically their customers are other businesses. A big advantage of this is that such customers tend to be repeat buyers, meaning revenues tend to be recurring and predictable.
Companies use our funding to accelerate their growth, finding new customers and selling them a proven idea. Apollo offers these businesses flexibility, helping to fund them with both equity and debt. This means we take stakes in companies and lend to them. Investors get access to a established diversified portfolio of around 50 companies.
Investing in VCTs involves risk
The value of an investment, and any income from it can fall as well as rise and investors may not get back the full amount they invest. Further details of the risks can be found below.
Helping proven businesses speed up growth
Why invest in Octopus Apollo VCT?
Annual dividend target
Octopus Apollo VCT targets a dividend yield of 5% of net asset value per year with the potential for special dividends, although these are not guaranteed.
Established and diversified
A portfolio of around 50 UK smaller companies across a wide range of industries and sectors.
A mix of debt and equity investments provides investors with a different risk-return profile to equity alone.
30% income tax relief on amount invested, tax-free capital gains and tax-free dividends.
Some risks to bear in mind
Capital is at risk
The value of an investment, and income from it can fall as well as rise. Investors could end up getting back less than they put in.
Volatility and liquidity
VCT shares could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell.
Tax relief depends on the investor’s circumstances and could change.
Tax reliefs depend on the VCT maintaining its qualifying status.
|Year to 31 January 2019||Annual total return|
The value of an investment, and any income from it, can fall as well as rise and you may not get back the full amount invested. Past performance is not a reliable indicator of future results and may not be repeated. Please note, the NAV per share may be higher than the share price, which is the price you may get for shares on the secondary market.
The performance information above shows the total return of Octopus Apollo VCT for the last five years to 31 January 2019, the VCT’s annual accounting period. The annual total return for Octopus Apollo VCT is calculated from the movement in net asset value (NAV) over the year to 31 January, with any dividends paid over that year then added back. The revised figure is divided by the NAV at the start of that year to get the annual total return.
Just to remind you, the NAV is the combined value of all the assets owned by the VCT after deducting the value of its liabilities
The performance shown is net of all ongoing fees and costs.
Net Asset Value (NAV)
Funds under management (FUM)
Number of holdings
Year end date
Dividend information is being retrieved...
London Stock Exchange code: OAP3
Registrars: Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZZ
Tel: 0370 703 6327 (Many home phone tariffs now include free calls to 0370 numbers. If you do not get inclusive calls, or are calling at a time of day when calls are charged for, the total call cost is usually a combination of a call set-up fee and a per-minute rate which from a BT landline is 10p per minute)
Auditors: James Cowper Kreston
Registered in England: No. 05840377
Registered office: 33 Holborn, London, EC1N 2HT
Latest General Meeting results
Latest General Meeting results document
Latest AGM results
Latest AGM results document
Latest annual report
Octopus Apollo VCT annual report 31 January 2019
Latest interim report
Octopus Apollo VCT interim report 31 July 2018
Next application deadline
Tuesday 10th December 2019
Next allotment date
Monday 16th December 2019
Fees and charges
We can facilitate fees in two ways:
Advised (initial only)
If you provide your investor with one-off investment advice we can facilitate a one-off payment through the VCT.
Ongoing annual charges
On excess net
Advised (initial and ongoing)
If you provide your investor with ongoing advice we can facilitate a smaller initial fee and ongoing fees through the VCT for as long as the investor holds the investment.
Ongoing annual charges
On excess net
Ongoing adviser charges can only be paid for a maximum of nine years after the investment date. If an investor chooses to pay their adviser less than the maximum amount shown, the Octopus Apollo VCT will use the money left over to buy more shares for the investor.
Octopus may charge a 20% performance fee. In order to be eligible to do so the NAV plus cumulative dividends of the Octopus Apollo VCT at the year end (31 January) must exceed the previous highest NAV plus cumulative dividends (net of performance fee already taken). In this case Octopus will charge a 20% performance fee on the excess.