Octopus Apollo VCT
Accelerating the growth of proven businesses
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Octopus Apollo VCT
Accelerating the growth of proven businesses
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 50 companies.
Reasons to invest
Annual dividend target
Octopus Apollo VCT targets an annual dividend yield of 5% of 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 50 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 relief depends on the 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 Apollo VCT portfolio on how they support the businesses they invest in.
Performance
| Year to 31st July | Annual total return |
|---|---|
| 2016 | 2.3% |
| 2017 | 2.9% |
| 2018 | -0.6% |
| 2019 | 2.7% |
| 2020 | 3.0% |
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 total return of Octopus Apollo VCT for the last five years to 31 July 2020. The annual total return for Octopus Apollo VCT is calculated from the movement in NAV (the combined value of all the assets owned by the VCT after deducting the value of its liabilities) over the year to 31 July, 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. The performance shown is net of all ongoing fees and costs.
Fund highlights
Net Asset Value (NAV)
As at 13 August 2020
45.0p
Funds Under Management (FUM)
As at 31 July 2020
141.3m
Cumulative dividends
Since 17 October 2006
76.4p
Number of holdings
As at 31 July 2020
5
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.
Who could benefit from VCTs?
Our VCT client planning scenarios can help you develop strong investment strategies for your clients.
Fees and charges
We can facilitate fees in four ways. For a full breakdown of the four fees and charges please see page 24 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) | 2% | 2% |
| Adviser charges¹ | – | Up to 0.5% | |
| Performance fees² | On excess net performance fee | 20% | 20% |
1. 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, Octopus Apollo VCT will use the money left over to buy more shares for the investor.
2. 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.
How to invest
The minimum investment in Octopus Apollo VCT is £5,000.
Investors can only claim tax relief on VCT investments of up to £200,000 in any single tax year.
An investor can choose to invest a one-off amount via bank transfer, cheque or banker’s draft.
We’ll allot VCT shares at the next available allotment date.
How to invest
The minimum investment in Octopus Apollo VCT 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.
Contact our team
Got a question?
Call us at 0800 316 2067