Investing in a Venture Capital Trust (VCT) means you are helping innovative smaller companies to create jobs, prosperity and economic growth. And, they offer a number of tax reliefs, too. Please bear in mind that the tax incentives exist because of the greater risks involved with investing in smaller companies. For more information, please read our Guide to Venture Capital Trusts.

How we can help

With more than £600 million invested on behalf of 25,000 investors, we’re the UK’s largest VCT manager. We launched our first VCT in 2002 and today our VCT range is the envy of the rest of the market. We think VCTs offer great investment potential, with some exciting tax benefits attached. However, VCTs are not suitable for everyone, which is why we always recommend talking to a qualified financial adviser before deciding to invest.

Please remember, VCTs place your capital at risk, and you could get back less than you originally invested. Make sure you read the ‘Explaining the risks’ section below, and for full details of fees, charges and risks, look at the product brochure, prospectus and Key Investor Information Document on the product pages.

Octopus Titan VCT

Invests in early-stage companies with the potential for high growth. Its diverse portfolio consists of around 50 entrepreneurial companies.

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Octopus AIM VCTs

Two VCTs featuring established portfolios of around 70 Alternative Investment Market (AIM)-listed companies with the potential for growth.

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Octopus Apollo VCT

A portfolio of around 25 established smaller companies which targets regular tax-free dividends for investors.

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Explaining the risks

Your capital is at risk and you could lose money
There’s no guarantee that the amount you invest will be returned to you.

This is a long-term investment
You should be prepared to hold your shares for a minimum of five years. If you decide to sell your shares before then, you will be required to repay to HM Revenue & Customs any upfront income tax relief you’ve claimed.

A VCT should be considered a high-risk investment
VCTs invest in the shares of companies that are not listed on the main market of the London Stock Exchange. Such investments can fall or rise in value much more sharply than shares in larger, more established companies. They also have higher rates of failure.

Shares may be difficult to sell
There isn’t an active market for VCT shares in the way there is for shares in big companies like BP and Vodafone. This means that if you decide to sell your VCT shares, you may not be able to find a buyer, or you may have to accept a price lower than the net asset value of the investment. However, we will do our best to help you sell your VCT shares.

Past performance is no guide to the future
The past performance of an investment is not a reliable indicator of future results. Nor should you rely on any forecasts made about future returns.

Tax rules can change
The VCT tax benefits we’ve described in here are correct at the time of going to print. However, rates of tax, tax benefits and tax allowances do change. In addition, the tax benefits available to you through this investment depend on your own personal circumstances. To ensure VCT money continues to support Government policy objectives, HM Treasury can also change the definition of a VCT-qualifying investment in the future. This could impact the nature of new investments a VCT can make over time.

The VCT’s qualifying status could end
If a VCT loses its qualifying status, tax advantages – such as tax-free dividends and exemption from capital gains tax – may be withdrawn from that point. If this happens within five years of an initial investment, you may be asked to repay any upfront income tax relief that you have already claimed.

Octopus Eclipse VCT shareholder information

Octopus Eclipse VCT plc aims to provide investors with tax-efficient access to a portfolio of companies with growth potential, targeting a tax-free dividend stream, through a combination of regular and special dividend payments. Octopus Eclipse VCT is now closed for new investment.

What are the risks?
We recommend you seek independent advice before investing. Our products place your capital at risk and you may get back less than you invest. It’s really important to us that you understand the risks which come with investing in our products. Please read through the risks in the dropdown menu above.

Follow this link to view the latest Octopus Eclipse VCT announcements and share prices from the London Stock Exchange

London Stock Exchange code: OEC1
Registrars: Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU
Tel: 0871 664 0324 (calls cost 10p per minute plus network extras)
Auditors: BDO LLP
Registered in England: No. 05487744
Registered office: 33 Holborn, London, EC1N 2HT

Latest AGM Results
Latest AGM results document

Latest annual report
Octopus Eclipse VCT annual report 30 September 2015

Latest interim report

Octopus Eclipse VCT interim report 31 March 2016

For further documentation please see the document library.

Date: 31 Mar 2016
Current net asset value: 31.5p
Cumulative tax-free dividends paid: 80.7p

The NAV is the combined value of all the assets owned by the VCT after deducting the value of any liabilities (such as debts and financial obligations).

Dividend history 

     
30 Sep 2005 1.45p  
28 Nov 2008 7p
06 May 2011 2p
14 Mar 2014 1p
01 Apr 2016 1p
06 Nov 2006 1.25p
27 Feb 2009 5p
16 Dec 2011 4p
11 Jul 2014 8p
24 Jun 2016 1p
31 May 2007 4p
15 Jan 2010 5p
10 May 2012 8p
27 Mar 2015 1p
 
30 Nov 2007 4p
07 May 2010 5p
16 Nov 2012 11p 
10 Jul 2015 1p
 
21 Mar 2008 3p
10 Jan 2011 5p
12 Jul 2013 1p
26 Feb 2016 1p   

Octopus VCT 3 shareholder information

Octopus VCT 3 plc aims to provide investors with tax-efficient access to a portfolio of companies with growth potential, targeting a tax-free dividend stream, through a combination of regular and special dividend payments. Octopus VCT 3 is now closed for new investment.

What are the risks?
We recommend you seek independent advice before investing. Our products place your capital at risk and you may get back less than you invest. It’s really important to us that you understand the risks which come with investing in our products. Please read through the risks in the dropdown menu above.

Follow this link to view the latest Octopus VCT 3 announcements and share prices from the London Stock Exchange

London Stock Exchange code: OCV3
Registrars: Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU
Tel: 0871 664 0324 (calls cost 10p per minute plus network extras)
Auditors: BDO LLP
Registered in England: No. 07744056
Registered office: 33 Holborn, London, EC1N 2HT

Latest AGM Results
Latest AGM results document

Latest annual report
Octopus VCT 3 annual report 31 August 2015

Latest interim report

Octopus VCT 3 interim report 29 February 2016

For further documentation please see the document library.

Date: 29 Feb 2016
Current net asset value: 78.1p
Cumulative tax-free dividends paid: 15p

The NAV is the combined value of all the assets owned by the VCT after deducting the value of any liabilities (such as debts and financial obligations).

Dividend history
12 Feb 2014 5p
13 Feb 2015 5p
12 Feb 2016 5p

Octopus VCT 4 shareholder information

Octopus VCT 4 plc aims to provide investors with tax-efficient access to a portfolio of companies with growth potential, targeting a tax-free dividend stream, through a combination of regular and special dividend payments. Octopus VCT 4 is now closed for new investment.

What are the risks?
We recommend you seek independent advice before investing. Our products place your capital at risk and you may get back less than you invest. It’s really important to us that you understand the risks which come with investing in our products. Please read through the risks in the dropdown menu above.

Follow this link to view the latest Octopus VCT 4 announcements and share prices from the London Stock Exchange

London Stock Exchange code: OCV4
Registrars: Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU
Tel: 0871 664 0324 (calls cost 10p per minute plus network extras)
Auditors: BDO LLP
Registered in England: No. 07743878
Registered office: 33 Holborn, London, EC1N 2HT

Latest AGM Results
Latest AGM results document

Latest annual report
Octopus VCT 4 annual report 31 August 2015

Latest interim report

Octopus VCT 4 interim report 29 February 2016

For further documentation please see the document library.

Date: 30 Apr 2016
Current net asset value: 78.1p
Cumulative tax-free dividends paid: 15p

The NAV is the combined value of all the assets owned by the VCT after deducting the value of any liabilities (such as debts and financial obligations).

Dividend history
12 Feb 2014 5p
13 Feb 2015 5p
12 Feb 2016 5p

Important information

VCTs are not suitable for everyone and it’s important that you fully understand the risks involved. We do not offer investment, tax or legal advice, and we always recommend you talk to a financial adviser before making investment decisions. This advertisement is not a prospectus and investors should only subscribe for shares on the basis of information contained in the relevant prospectus.