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Octopus Titan VCT

open Open for new investment
Next application deadline: 22 March 2024
Next allotment date: 26 March 2024

Octopus Titan VCT

open Open for new investment
Next application deadline: 22 March 2024
Next allotment date: 26 March 2024

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 targets a dividend of 5% per year, plus special dividends if portfolio companies are sold at a significant profit.

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.

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.

If you’re ready to apply and understand the key risks associated with Octopus Titan VCTs, you can apply now below.

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 the people behind Titan VCT

Hear from the people who manage Octopus Titan VCT – find out what drives them, what they’re investing in and what makes a great VCT company.

An update on Titan VCT

Malcolm Ferguson, lead fund manager provides an update on Titan’s current performance, the market backdrop, and a short-medium term outlook.

Portfolio companies

Performance

Year to 31 December 2023 Annual total return
20197.6%
2020 7.1%
202120.3%
2022-22.5%
2023-12.4%

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 total return of Octopus Titan VCT for the last five years to 31 December 2023, 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 31 December, with any dividends paid over that year then added back. The starting NAV figure is 93.1p from 31 December 2018. 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 fees and costs. 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 31 December.

Fund highlights

Net asset value (NAV)

As at 31 December 2023

62.4p

Funds Under Management

As at 31 December 2023

£1.0bn

Cumulative dividends paid

Since launch

102p

Number of holdings

As at 31 December 2023

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.

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) ¹Up to 2% Up to 2%
Adviser charges ²Up 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).

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 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 Effective annual management charge (to Octopus) Up to 2% Up to 2%
Adviser charges1Up 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).

Key documents

Octopus Titan VCT ProspectusDownload
Octopus Titan VCT product overviewDownload
Octopus Titan VCT brochureDownload
Octopus Titan VCT Key Information DocumentDownload
Octopus VCT Nominee Service T&CsDownload
Octopus Titan VCT Responsible Investment PolicyDownload
Octopus Titan VCT supplementary prospectusDownload

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 an existing VCT, please visit our FAQ page.

We’re here to support you

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 Key Information Documents (KID), which are available in the document section of this page.

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