Octopus Future Generations VCT
open
Open for new investment
Octopus Future Generations VCT
open
Open for new investment
Octopus Future Generations VCT invests in businesses that are helping to build a sustainable planet, empower people, or revitalise healthcare.
We think these businesses have the potential to transform the world for the better as well as delivering the best returns for investors over the coming decades. Why?
- Because tackling society’s biggest challenges means there is a huge market opportunity for those who can tackle them
- Because the demand for solutions to the planet’s challenges is urgent and growing
- And because people increasingly want to buy from and work for businesses that make a positive difference in the world
The VCT is managed by Octopus Ventures, known for its expertise in identifying and supporting innovative businessses that have grown to become household names, including Depop and Zoopla.
Reasons to invest
Growth potential
VCTs invest in early-stage companies at the beginning of their growth journey. These have the potential to grow faster than larger companies.
Proven management
We work with the companies we back to support their growth, whether that’s taking a seat on the board, helping them expand overseas or introducing them to industry experts.
Diversification
Through a VCT investors gain access to unquoted smaller companies. Unquoted businesses have a unique profile and can diversify an investment portfolio.
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. Find out more.
Risks to bear in mind
Capital at risk
This is a high-risk investment. The value of an investment in Octopus Future Generations VCT, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
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.
If you’re ready to apply and understand the key risks associated with Octopus Future Generations VCT, you can apply now below.
Risks to bear in mind
Capital at risk
This is a high-risk investment. The value of an investment in Octopus Future Generations VCT, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
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 the fund manager
Simon King, fund manager celebrates the three-year anniversary of the Future Generations VCT and introduces a dynamic portfolio of innovative businesses that are shaping the future.
Investing across three themes
Octopus Future Generations VCT benefits from the same deal pipeline and assessment process as some of our existing venture capital investment products. The VCT also ensures that businesses we back fall within one of its three core investment themes.
Building a sustainable planet
Businesses aiming to reduce carbon emissions, protect a range of ecosystems, or create a circular economy that removes waste.
Empowering people
Improving access to digital learning, aiming to make financial advice available to the masses or providing valuable cybersecurity solutions.
Revitalising healthcare
Creation of software that are making healthcare services more efficient or building platforms to address health concerns like insomnia or addiction.
Example portfolio companies across the three themes
Skin & Me
Skin + Me offers personalised skincare treatments and a fully customised skin care routine through online dermatology consultations, eradicating the need for a trip to the dermatologist. They were mentioned by LinkedIn as one of the Top 20 UK start-up’s on the rise1.
Drift
Drift aims to drive the clean energy transition worldwide with high-performance sailing vessels that harness deep ocean wind to produce green hydrogen at sea and deliver it globally. It does this using a unique, AI-enabled vessel routing that enables the vessels to find and stay in optimum weather conditions. Empowering people to create a fairer and more equitable society.
Swiipr
Swiipr is revolutionizing the way airlines handle flight disruptions by simplifying the process of compensating passengers. Its platform automates payment verification and processing, streamlining a system designed specifically for airlines. By providing passengers with virtual and physical prepaid cards, Swiipr ensures instant, flexible spending options, replacing outdated paper vouchers and slow payment methods.
1LinkedIn Top Start-ups, September 2024
Join the Octopus Future Generations VCT launch webinar
Join our webinar to hear from Simon King, the Lead Fund Manager of the VCT, as he discusses the investment strategy, economic backdrop, and updates on the VCT’s performance and outlook.
Fund highlights
Net asset value (NAV)
As at 30 June 2024
86.8p
Funds under management
As at 30 June 2024
£46m
Number of holdings
As at 30 June 2024
36
Fees and charges
If you are investing in Octopus Future Generations VCT through a financial adviser, you can ask for an initial advice charge for the investment ⁴ to be paid on your behalf through the VCT. For other options on ways to invest, view page 27 of the brochure.
| Upfront charges | Initial fee (to Octopus) | 3% |
| Ongoing annual charges | Effective annual management charge (to Octopus) | 2% |
| Non-investment services fee (to Octopus) | 0.3% | |
| Performance fees ⁵ | 20% |
If you’re investing through a financial adviser, the VCT can facilitate an initial advice fee of up to 4.5%. Please note that any initial advice charges you pay to your adviser will not be eligible for income tax relief.
⁴ Please note the VCT is unable to facilitate ongoing adviser charges.
⁵ We want our investments to do what we say they will and we want to align ourselves with the long term investment objectives of shareholders. A way in which we do this is by applying a performance fee on the gains made. In order for Octopus to receive this performance fee we must meet three conditions. Firstly, the performance fee cannot be paid until 1 July 2025. Secondly, the VCT’s Total Return (NAV plus cumulative dividends paid) at the previous year-end must exceed 120p and thirdly shareholders must have received cumulative dividends of a minimum of 12p. If all of these conditions are met, then 20% of the excess above the starting NAV of 97p will be paid to Octopus. For full details on the performance fee and other fees please see the prospectus and Key Information Document (KID).
Fees and charges
For Octopus Future Generations VCT, we’re able to facilitate an initial advice charge for the investment ⁴. This can be paid on your client’s behalf through the VCT.
| Advised (initial only) | ||
| Upfront charges | Initial fee (to Octopus) | 3% |
| Adviser charges | Up to 4.5% | |
| Ongoing annual charges | Effective annual management charge (to Octopus) | 2% |
| Non-investment services fee (to Octopus) | 0.3% | |
| Performance fees ⁵ | 20% |
Please note that any initial advice charges your client pays you will not be eligible for income tax relief.
⁴ Please note the VCT is unable to facilitate ongoing adviser charges.
⁵ We want our investments to do what we say they will and we want to align ourselves with the long term investment objectives of shareholders. A way in which we do this is by applying a performance fee on the gains made. In order for Octopus to receive this performance fee we must meet three conditions. Firstly, the performance fee cannot be paid until 1 July 2025. Secondly, the VCT’s Total Return (NAV plus cumulative dividends paid) at the previous year-end must exceed 120p and thirdly shareholders must have received cumulative dividends of a minimum of 12p. If all of these conditions are met, then 20% of the excess above the starting NAV of 97p will be paid to Octopus. For full details on the performance fee and other fees please see the prospectus and Key Information Document (KID).
Key documents
| Octopus Future Generations VCT Prospectus | Download |
| Octopus Future Generations VCT Brochure | Download |
| Octopus Future Generations VCT Product Overview | Download |
| Octopus Future Generations VCT Key Information Document | Download |
| Octopus Future Generations VCT Responsible Investment Policy | Download |
| Octopus Future Generations VCT – SDR Consumer Facing Disclosure Statement | Download |
| Octopus Future Generations VCT Sustainability Report | Download |
How to invest
Minimum investment is £3,000.
Clients can choose to invest via bank transfer, cheque or banker’s draft.
Clients can only claim tax relief on VCT investments of up to £200,000 in any single tax year.
We will allot clients’ VCT shares at the next available allotment date.
How to invest
Minimum investment is £3,000
You can choose to invest via bank transfer, cheque or banker’s draft.
You can only claim tax relief on VCT investments of up to £200,000 in any single tax year.
We will allot your VCT shares at the next available allotment date.
Contact our team
Get in touch
If you have a question about Octopus Future Generation VCT or an application,
call us on 0800 316 2295.
Read our FAQs
If you have a question about an existing VCT, please visit our FAQ page.
Contact our team
Get in touch
If you’ve got a question about any of our products or services, please get in touch.
Read our FAQs
If you have a question about an existing VCT, please visit our FAQ page.
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 the Key Information Documents (KID), which are available in the document section of this page.
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