Octopus Titan VCT
closed
Closed for new investment
Octopus Titan VCT
closed
Closed for new investment
Octopus Titan VCT invests in tech-enabled businesses with high growth potential. Managed by one of Europe’s most experienced investment teams, it currently has a portfolio of over 145 early-stage companies operating in a diverse range of sectors.
We’ve backed some of the UK’s most successful entrepreneurs, including the founders of Graze, Depop and Zoopla Property Group.
Reasons to invest
Annual dividend target
Octopus Titan VCT aims to pay regular tax-free dividends of 5% of the NAV, with special dividends based on exceptional exits.
Proven management
We work with the companies we back to make their success more likely, whether that’s taking a seat on the board, helping them expand overseas or introducing them to industry experts.
Established and diversified
A portfolio of over 145 early-stage, unlisted tech-enabled 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.
Fees and charges
If you are investing in the Octopus Titan VCT through a financial adviser, here are two ways we can facilitate fees. For other options view page 32 of the Titan 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.
| 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 | Up to 2% | Up to 2% |
| Adviser charges ² | – | 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 seven years after the investment date. If an investor chooses to pay their adviser less than the maximum amount shown, Octopus Titan VCT will use the money left over to buy more shares for the investor.
2. We want our investments to do what we say they will. When the performance of the companies we invest in exceeds expectations, we think it’s fair to take a performance fee of 20% on all future gains. In order to do so the NAV plus cumulative dividends of the Octopus Titan VCT at the year end (31 December) must exceed the previous highest NAV plus cumulative dividends (net of performance fee already taken), 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 Key Information Document (KID).
Fees and charges
If you are investing in Octopus Titan VCT through a financial adviser, here are two ways we can facilitate fees.
If you charge a one-off fee
The one off-fee for the investment advice can be paid on your clients 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 | Effective annual management charge (to Octopus) | Up to 2% | Up to 2% |
| Adviser charges1 | – | Up to 0.5% | |
| Performance fees² | On excess net performance fee | 20% | 20% |
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.
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.
Titan results update
Richard Court, Head of VCTs and EIS, provides an update on Octopus Titan VCTs recent performance.
Portfolio companies
Skin+Me
Skin+Me combine medical expertise and technology to offer personalised treatment plans on a subscription basis.
Pelago
A digital clinic partnering with employers, health plans, pharmacy benefit managers and individuals to help conquer substance addiction.
Minimum
Minimum is a carbon accounting system that allows businesses to calculate their carbon footprint.
Unlikely AI
Unlikely AI aims to make AI more accurate, trustworthy, explainable and safe.
Vitesse
Vitesse provides a single connection to a global network of domestic clearing systems.
Performance
| Year to 30 June 2024 | Annual total return |
|---|---|
| 2020 | 2.3% |
| 2021 | 32.8% |
| 2022 | -10.2% |
| 2023 | -19.8% |
| 2024 | -15.8% |
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.
The performance information above shows the total return of Octopus Titan VCT for the last five years to 30 June, the VCT’s accounting period. The annual total return for Octopus Titan VCT is calculated from the movement in net asset value (NAV) over the year to 30 June 2024, with any dividends paid over that year then added back. The starting NAV figure is 92.4p from 30 June 2019. The revised figure is divided by the NAV at the start of that period to get the annual total return. Performance shown is net of all ongoing fees but does not include upfront fees taken from the initial investment value. The annual dividend yield is calculated by dividing the dividends paid per annum by the NAV at the start of the period. Please note, the NAV per share may be higher than the share price, which is the price you may get for the shares on the secondary market. Total value is calculated as the sum of the NAV per share and cumulative dividends per share for the last five years to 30 June 2024.
Fund highlights
Net asset value (NAV)
As at 28 November 2024
52.3p
Funds under management
As at 30 June 2024
£0.9bn
Cumulative dividends paid
Since launch
105.1p
Number of holdings
As at 30 June 2024
145+
Year end date
31 December
Fund inception
2007
Fund updates
Dividend history
View the dividend history for shareholders in Octopus Titan VCT, dating back to 2009.
Shareholder information
See the announcements and reports for shareholders in Octopus Titan VCT, and find relevant contact information.
1. Ongoing adviser charges can only be paid for a maximum of seven years after the investment date. If an investor chooses to pay their adviser less than the maximum amount shown, Octopus Titan VCT will use the money left over to buy more shares for the investor.
2. We want our investments to do what we say they will. When the performance of the companies we invest in exceeds expectations, we think it’s fair to take a performance fee of 20% on all future gains. In order to do so the NAV plus cumulative dividends of the Octopus Titan VCT at the year end (31 December) must exceed the previous highest NAV plus cumulative dividends (net of performance fee already taken), 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 Key Information Document (KID).
Key documents
| Octopus Titan VCT Prospectus | Download |
| Octopus Titan VCT Product Overview | Download |
| Octopus Titan VCT Brochure | Download |
| Octopus Titan VCT Key Information Document | Download |
| Octopus VCT Nominee Service T&Cs | Download |
| Octopus Titan VCT Responsible Investment Policy | Download |
| Octopus Titan VCT Supplementary Prospectus | Download |
| Octopus Titan VCT Plc AIFMD Supplement | Download |
How to invest
Lump-sum investment
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 your clients’ VCT shares at the next available allotment date.
How to invest
Lump-sum investment
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
If you have a question about Octopus Titan VCT or an application,
call us on 0800 316 2295.
If you have a question about an existing VCT, please visit our FAQ page.
We’re here to support you
If you’ve got a question about any of our products or services, please get in touch.
If you have a question about an existing VCT, please visit our FAQ page.