Octopus Titan VCT
Octopus Titan VCT has reopened with a new £50m top-up option, giving investors the opportunity to buy into a mature portfolio with new and exciting businesses potentially being added to it shortly. Octopus Titan, with £215m assets under management, is already the largest VCT on the market, which they believe gives them the greatest opportunity to invest into companies with the highest growth potential as those companies will come to them first for funding.
Titan was launched in 2007 and has roughly 50 smaller companies in its portfolio. The investment team aim to back early stage companies, with high growth potential, and have a reputation of funding these companies through all stages of their development, increasing the potential return for investors.
Octopus Titan have a range of success stories, which they invested into in the early stages and are now household names, such as Zoopla, LoveFilm and Secret Escapes.
Dividends
Octopus Titan VCT targets an annual regular dividend of at least 4p per share, with this rising to 5p per share by the year ending October 2017. In addition to this, the VCT will aim to pay special dividends where there are significant gains from the realisation of portfolio holdings.
Performance
As well as the tax-free dividends which have been mentioned, investors will potentially benefit from an increase in the value of the shares over the period they are held.
The five year performance is as follows (we must stress, however, that past performance is not a guide for future performance):
| 30/04/2011 | 30/04/2012 | 30/04/2013 | 30/04/2014 | 30/04/2015 | |
| Annual Total Return | 1.5% | 2.7% | 33.8% | 9.6% | 11.4% |
The performance information in the table above shows the total return of Octopus Titan VCT for the last five years to 30 April 2015, the VCT’s interim 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 April 2015, with any dividends paid over that year added back in. The revised figure is divided by the NAV at the start of that year to get the annual total return. Performance shown is net of all fees and costs.Source: Association of Investment Companies; based on total assets August 2015
How to Invest
You can invest by downloading a form from our website or by calling our office on 020 7384 7300.
The minimum investment amount is £5,000 and the maximum £200,000 (any amount over and above this will not be applicable for the 30% income tax relief benefit).
The initial charge for this fund is 5.5%, but this will be discounted to 0.5% for any applications sent in to us before 16th December 2015 and down to 2.5% for all applications thereafter.
Please be aware that VCTs are long-term, high-risk investments. Tax assumptions are subject to statutory change and the value of tax relief depends on your individual circumstances.