New VCTs anyone?
Posted: December 3rd, 2019, 11:39 am
I have been reading the Wealth Club November 2019 newsletter and noticed two apparently totally new VCTs.
Blackfinch Spring VCT
and
Puma Alpha VCT.
I think these are the first new VCTs since Pembroke VCT in 2013 and they will be unable to pay dividends for three years under current rules.
Maybe these companies are finding the EIS market getting difficult so wanted to provide a complementary offering?
Will they be any better finding new rules compliant investments than the 'old' management companies, some of whom are now becoming subject to corporate action?
Blackfinch Spring VCT
and
Puma Alpha VCT.
I think these are the first new VCTs since Pembroke VCT in 2013 and they will be unable to pay dividends for three years under current rules.
Maybe these companies are finding the EIS market getting difficult so wanted to provide a complementary offering?
Will they be any better finding new rules compliant investments than the 'old' management companies, some of whom are now becoming subject to corporate action?