The Lemon Fool

Selling fast!

After one day, almost £29m of the desired £35m has sold out.

£31m according to Wealth Club site, which seems to be more up to date than the “official” one

. . . And now closed!

Less than 24 hours.

Short and sweet!

https://www.investmentweek.co.uk/news/4 ... sell-hours

Have to say I am surprised, I know they have always been popular but never one of the offers known to fill like lightning (NVM-era Northern). Clearly the move to Gresham House hasn't put anyone off. Perhaps it has in fact encouraged them?

So who got in?

I only just read the announcement! Not much point applying, it seems.

UncleEbenezer wrote:So who got in?

I didn't apply - I'm all in for the Tax Year.

sinterklaas wrote:https://www.investmentweek.co.uk/news/4043677/mobeus-vcts-sell-hours

Have to say I am surprised, I know they have always been popular but never one of the offers known to fill like lightning (NVM-era Northern). Clearly the move to Gresham House hasn't put anyone off. Perhaps it has in fact encouraged them?

I'm not surprised - from the Mobeus stable, I currently own Mobeus 4 and the Income & Growth VCTs, and they have significantly out performed my old favourites from the Baronsmead and Northern stables. So simply looking at performance over the past 5 years, I think they would be heavily sought after - and I doubt whether new purchasers would be aware (or care) that they are now in the Gresham House stable (along with Baronsmead).
I hope their good run continues

Ummm explains why I will only be doing the AIM listed ones from here on in. Cannot help feeling there is to much money chasing to few opportunities and along with high fees this is a recipe for trouble down the line.