Octopus AIM VCTs

Investing in emerging UK companies listed on the Alternative Investment Market (AIM)

closed Closed for new investment

Octopus AIM VCTs

Investing in emerging UK companies listed on the Alternative Investment Market (AIM)

closed Closed for new investment

Octopus AIM VCT and Octopus AIM VCT 2 both invest in VCT-qualifying companies listed on the Alternative Investment Market (AIM). Both feature over 75 established, maturing businesses from a diverse range of sectors.

The team focuses on companies where there’s a strong business idea and plenty of room to grow.

Reasons to invest

Reasons to invest

Annual dividend target

Octopus AIM VCT targets 5% dividend yield or 5p per share, whichever is greater.

Octopus AIM VCT 2 targets a 5% dividend yield or 3.6p per share, whichever is greater.

Proven management

Octopus has one of the largest teams dedicated to investing in AIM-listed companies.

Established and diversified

Our combined portfolios have more than 75 companies across a wide variety of industries.

Tax reliefs

Income tax relief equal to 30% of the amount invested up to the first £200,000 of investment.

Tax-free capital gains and dividends.

Key risks

Risks to bear in mind

Capital 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.

Tax treatment

Tax treatment depends on individual circumstances and may change in the future.

Volatility and liquidity

Share prices can go up and down significantly and shares may be hard to sell.

VCT qualification status

Tax reliefs depend on the VCT maintaining its qualifying status.

Meet our fund managers

Hear from the people who manage the Octopus AIM VCT portfolios on what makes a great VCT company.

Portfolio companies

Breedon

Supplying a wide range of materials to the construction industry.

MyCelx

Providing ecologically friendly water treatment technology.

LoopUp

Fast-growing software provider for conference calls and online meetings.

Performance

Year to 31 October

Octopus AIM VCT
NAV Total Return¹
Octopus AIM VCT 2
NAV Total Return¹
FTSE AIM All-Share
Total Return²
FTSE All-Share
Total Return²
2015
Year to – 31/10/2015
8.9% 8.5% 3.9% 3.0%
2016 3.7% 5.8% 13.1% 12.2%
2017 18.4% 17.4% 28.1%
13.4%
2018 -2.3% -1.9% -4.9% -1.5%
2019 -8.4% -7.4% -7.5% 6.8%

Past performance is not a reliable indicator of future results and may not be repeated. Please note, the net asset value (NAV) per share may be higher than the share price, which is the price you may get for shares on the secondary market.

NAV Total return
This shows the last 12 months performance including the dividends paid out to 31 October for the last five years. This is calculated from the movement in the NAV over the year to 31 October with any dividends paid over that period added back. The revised figure is divided by the NAV at the start of that year to get the annual total return. Performance shown is net of all ongoing fees and costs.

² FTSE AIM and All Share Total Return
Performance is shown alongside the total returns of the FTSE AIM and FTSE All Share indices. Investors should note that none of these indices are used as a benchmark for the Octopus AIM VCTs but are included as indicators of activity in the broader UK equity market.

Fund highlights

Net Asset Value (NAV)

As at 23 March 2020

AIM VCT

74.6p

AIM VCT 2

56.4p

Funds under management (FuM)

As at 31 October 2019

AIM VCT

117m

AIM VCT 2

75m

Cumulative dividends

01/02/14 – 31/10/2019

AIM VCT

27.8p

AIM VCT 2

18.1p

Number of holdings

As at 31 October 2019

AIM VCT

77

AIM VCT 2

76

Year end date

AIM VCT

28 Feb

AIM VCT 2

30 Nov

Fund inception

AIM VCT

1997

AIM VCT 2

2005

Fund updates

Shareholder information

See the announcements and reports for shareholders in Octopus AIM VCTs, and find relevant contact information.

Who could benefit from VCTs?

Our VCT planning scenarios show how different types of clients can benefit from a VCT investment.

Fees and charges

Fees and charges

We can facilitate fees in four ways. For a full breakdown of the four fees and charges see page 20 of the brochure:

One-off fee on investment

Where an investor receives one-off investment advice, we can facilitate a one-off payment through the VCT.

Ongoing fees on investment

Where an investor receives ongoing advice, we can facilitate a smaller initial fee and ongoing fees through the VCT for as long as the investor holds the investment.

 Advised (initial only) Advised (initial and ongoing)
Upfront charges Initial fee (to Octopus)  3%  3%
Adviser charges  Up to 4.5%  Up to 2.5%
Ongoing annual charges Effective annual management charge (to Octopus)  1.5%  1.5%
Adviser charges ¹  Up to 0.5%

1. Octopus charges an annual management charge of 2% per annum. However, Octopus reduces this by the amount of the maximum ongoing adviser charges which creates an ‘effective rate’ of 1.5% for the first nine years.

2. Ongoing adviser charges can only be paid for a maximum of nine years after the investment date. After these charges stop, the effective annual management charge paid to Octopus will revert to the full 2%. If an investor chooses to pay their adviser less than the maximum amount shown, The Octopus AIM VCTs will use the money left over to buy more shares for the investor.

Key documents

Key documents

Octopus AIM VCTs ProspectusDownload
Octopus AIM VCTs brochureDownload
Octopus AIM VCTs product overviewDownload
Octopus AIM VCT Key Information DocumentDownload
Octopus AIM VCT 2 Key Information DocumentDownload
Octopus AIM VCT CircularDownload
Octopus AIM VCT factsheetDownload
Octopus AIM VCT 2 factsheetDownload
Octopus AIM VCT supplementary prospectusDownload
Octopus AIM VCT 2 supplementary prospectusDownload
Octopus AIM VCT supplementary prospectus 2Download
Octopus AIM VCT 2 supplementary prospectus 2Download
How to invest
How to invest

How to Invest – currently closed for investment

The minimum investment in an Octopus AIM VCTs is £3,000.

Clients can only claim tax relief on VCT investments of up to £200,000 in any single tax year.

Clients can choose to invest a one-off amount via bank transfer, cheque or banker’s draft.

We’ll allot your client’s VCT shares at the next available allotment date.

How to invest

How to invest – currently closed for investment

The minimum investment in an Octopus AIM VCTs is £3,000.

You can only claim tax relief on VCT investments of up to £200,000 in any single tax year.

You can choose to invest a one-off amount via bank transfer, cheque or banker’s draft.

We’ll allot your VCT shares at the next available allotment date.

We’re here to support you

Need help with our new website, accessing live updates, or looking for general support? We’ll have one of our team give you a call.

Contact our team

Got a question?
Call us at 0800 316 2067

Please read: We do not offer investment or tax advice, and we always recommend investors talk to a financial adviser before making investment decisions. This advertisement is not a prospectus. Investors should only subscribe for shares on the basis of information contained in the prospectus and Key Information Documents (KID), which are available in the document section of this page.