Octopus Apollo VCT
Accelerating the growth of proven businesses
Octopus Apollo VCT
Octopus Apollo VCT invests in businesses that have already brought their product or service to market successfully. Investors get access to a diversified portfolio of around 40 companies.
Reasons to invest
Annual dividend target
Octopus Apollo VCT targets an annual dividend yield of 5% of the net asset value (NAV) with the potential for special dividends, though these are not guaranteed.
Risk-return profile
A mix of debt and equity investments provides investors with a different risk-return profile to equity alone.
Established and diversified
The portfolio has around 40 UK smaller 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.
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 tax rules could change in the future.
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.
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 Apollo VCT portfolio on how they support the businesses they invest in.
Portfolio companies
Sova
Helps companies improve transparency and diversity in their hiring processes.
Perfect Ward
A digital quality inspection platform designed to support the health and social sectors.
The Safeguarding Company
Provides safeguarding software to schools and organisations in the UK and internationally.
Turtl
Helps businesses produce high quality, personalised marketing materials at scale.
Performance
| 12 months to 31 July | Annual total return ¹ | Annual dividend yield² |
|---|---|---|
| 2017 | 2.9% | 28.0%³ |
| 2018 | -0.6% | 22.3% ³ |
| 2019 | 2.7% | 6.3% |
| 2020 | 3.0% | 3.2% ⁴ |
| 2021 | 18.4% | 7.8% ⁴ |
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.
The performance information above shows the annual total return, annual dividend yield and total value for the last five years to 31 July.
(1) The annual total return is calculated from the movement in NAV over the year to 31 July, and includes dividends paid over the year. The revised figure is divided by the NAV at the start of that year to get the annual total return.
(2) The annual dividend yield is calculated by dividing the dividends paid per annum by the NAV at the start of the period. For this calculation we use the record date
for each dividend, which is the cut-off date by which shareholders must be on the shareholder register to receive the dividend.
(3) A special dividend of 16.5p was paid in December 2016 and another of 10.7p was paid in November 2017.
(4) Only one dividend was paid in the year to 31 July 2020; and three dividends in the following 12 month period. This was due to timing differences caused by COVID-19 and is not expected to be repeated.
The NAV is the combined value of the assets owned by the VCT after deducting the value of its liabilities (such as debts and financial obligations). The performance shown is net of all ongoing fees and costs
Fund highlights
Net asset value (NAV)
As at 31 July 2021
51.0p
Funds under management
As at 31 July 2021
£225m
Cumulative dividends
Since 17 October 2006
77.7p
Number of holdings
As at 31 July 2021
Around 40
Year end date
31 January
Fund inception
2006
Fund updates
Dividend history
View the dividend history for shareholders in Octopus Apollo VCT.
Shareholder information
See the announcements and reports for shareholders in Octopus Apollo VCT, and find relevant contact information.
Fees and charges
If you are investing in Octopus Apollo VCT through a financial adviser, here are two ways you can facilitate fees. For other options view page 26 of the Apollo VCT brochure.
Through a financial adviser who charges a one-off fee
You can ask for the one-off fee for the investment advice to be paid on your behalf through the VCT.
Through a financial adviser who charges ongoing fees
Where an investor receives ongoing advice, you can choose to pay your financial adviser a smaller initial fee and ongoing fees for as long as you hold the investment. Both of these fees can be paid on your behalf through the VCT.
Fees and charges
When investing through a financial adviser, clients have two ways to facilitate fees. For other options view page 26 of the Apollo VCT brochure.
If you charge a one-off fee
The one off-fee for the investment advice can be paid on your client’s behalf through the VCT.
If you charge ongoing fees
Where your client receives ongoing advice, they can choose to pay you a smaller initial fee and ongoing fees for as long as they hold the investment. Both of these fees can be paid on the investor’s behalf through the VCT.
| 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 | Annual management charge (to Octopus) | 2% | 2% |
| Adviser charges¹ | – | Up to 0.5% | |
| Performance fees | Performance fee ² | 20% | 20% |
(1) Ongoing adviser charges, direct charges or commission are paid for a maximum of nine years after the investment date. If you choose to pay your adviser less than the maximum amount shown in the table, Octopus Apollo VCT will use the money left over to buy more VCT shares for you. Similarly, if your execution-only intermediary chooses not to take any upfront commission, this amount will instead be used to buy additional VCT shares for you.
(2) Octopus may charge a 20% performance fee. In order to be eligible to do so the NAV plus cumulative dividends 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. For full details on the performance fee and other fees please see the prospectus and KID. The minimum investment is £5,000.
How to invest
- The minimum investment in an Octopus Apollo VCTs is £5,000.
- 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
- The minimum investment in an Octopus Apollo VCTs is £5,000.
- 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
If you’ve got a question about any of our products or services, please get in touch.
Contact our team
Got a question?
Call us at 0800 316 2067