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General Information
The investments referred to on this website may not be suitable for all investors. Octopus does not provide, and nothing on this website should be construed as, investment or tax advice. Potential investors are recommended to seek specialist independent tax and financial advice before investing in any of our products. It is not intended that anything stated in this website should be construed as an offer, or invitation to treat, or inducement for you to engage in any investment activity. The information on this website relating to funds managed by Octopus is directed at United Kingdom residents only and funds referred to on this website will not be offered to non-residents.
Please remember that past performance is no guide to future performance and may not be repeated. The value of investments and the income derived from them may go down as well as up and you may not get back the amount originally invested. Tax rules and regulations are subject to change.
An investment into any of our products may only be made on the basis of the information set out in the respective prospectus or product brochure. Any information is not an offer or invitation to buy or sell shares. Octopus Investments Ltd is not able to provide advice on investors' suitability for an investment in any of our products. Opinions expressed on this website represent the views of Octopus Investments Ltd at the time of publication. These are subject to change, and should not be interpreted as investment advice.
Octopus Investments Limited has taken all reasonable care to ensure that all the facts stated in this website are true and accurate in all material respects, and that there are no other material facts or opinions which have been omitted where the omission of such would render this website misleading.
Venture Capital Trusts
Investors must retain their VCT shares for five years to retain the up-front income tax relief. Please remember that the tax rules and regulations governing VCTs are subject to change. The tax reliefs available to certain investors in VCTs are dependent on individual circumstances as well as the VCT maintaining HM Revenue & Customs approval. If this approval is withdrawn, a VCT will lose its status and all tax reliefs are likely to be cancelled.
The share price of a VCT may not reflect its net asset value. There is only a limited secondary market for shares in VCTs which may render such shares difficult to sell as they may not be readily marketable. VCTs invest in unquoted and AIM-quoted companies which are therefore smaller and carry a higher level of risk than shares which are listed on the main market of the London Stock Exchange. The shares of VCT investee companies may not be readily marketable. Before making an investment, ensure that you have read and understood the risk warnings set out in the VCT prospectus. An investment in a VCT should be regarded as a long-term investment.
Inheritance Tax Portfolio Services
Investments in unquoted and AIM-quoted companies tend to carry a higher risk than investments in most securities listed on the main market of the London Stock Exchange and may be more difficult to sell. The inheritance tax relief applies to holdings in qualifying unquoted and AIM-quoted companies if they have been held for more than two years at the time of death and is based on current tax rules and regulations. Money that is withdrawn from qualifying holdings, or that has not been invested in qualifying unquoted or AIM-quoted companies for at least two years, will not generally be exempt from UK inheritance tax. We will invest in companies that we reasonably believe to be qualifying investments based on our understanding of HMRC's current interpretation of the rules and regulations, but we cannot guarantee this, nor can we guarantee that any changes in legislation will not have a retrospective effect. Please remember that tax rules and regulations are subject to change and depend on personal circumstances. The level of income from the Octopus ITS is not guaranteed.
Enterprise Investment Schemes
Investments into an EIS must be retained for a minimum of three years in order to retain the upfront income tax relief. Investments made into EIS qualifying companies, because they are in unquoted companies, are likely to be higher risk than securities listed on the main market of the London Stock Exchange. Investments in shares in unquoted companies are not readily marketable and the timing of any share sales and other such realisation cannot be predicted or controlled. A partial withdrawal of an investment in an approved EIS fund is not permitted. Tax rules and regulations are subject to change, and depend on personal circumstances. Readers of this website who intend to invest in Eureka or the Octopus EIS are reminded that such an investment may only be made on the basis of the information and other risk factors contained in the product brochure. Octopus will make investments which we reasonably believe to be EIS qualifying investments at the time of acquisition (but please be aware that we give no commitment that any such investment will remain a qualifying investment at all times thereafter). Companies in which we invest may cease to qualify. In this case, the relief available on that particular investment will be lost.
Octopus Accelerated Discounted Gift Trust
Investments made by the Octopus ITS, because they are in unquoted companies, are classified by the FSA as higher risk than companies on the London Stock Exchange official list. An investment in the Octopus ITS is not suitable as a short-term investment and should be held for at least two years. Rates of tax, tax benefits and allowances described in the brochure are based on current legislation and HM Revenue & Customs practice. These may change from time to time and are not guaranteed. In this case, the inheritance tax relief available on the investment may be lost. Changes in law can have a retrospective effect. The Octopus Enhanced Discounted Gift Solution has been designed with UK-resident taxpayers in mind. If you are not resident or ordinarily resident in the UK for tax purposes, it may not be appropriate or advantageous for you to invest in this product. This product utilises a trust to facilitate planning. Trusts are a legal arrangement and prospective investors are advised to seek legal advice if they are unsure of their rights and obligations. The taxation of trusts can become complicated, and investors should seek tax advice from a professional adviser.
OEICs
CFIC Octopus UK Micro Cap Growth Fund
The fund will invest in securities issued by smaller companies and the market for these securities may be less liquid than the market for securities issued by larger companies. Investment in smaller companies (including companies quoted on AIM) can be higher risk than investment in larger, more established companies and as a result, the performance of the fund may be more volatile. The fund can use both ‘long' and ‘short' positions in individual stocks and markets, which may be more volatile than other investments, such as cash or bonds, and the value of the fund can therefore move independently from the general direction of the stock markets, rising as markets fall but theoretically it can also fall as markets rise. Octopus uses a risk management process to oversee and manage derivative exposure within the fund. The investments made by the fund may not always be readily realisable and their marketability may be restricted. As the fund may invest in a comparatively small number of companies, it may be more volatile than funds that are more diversified. Before investing, please ensure that you have read the information set out in the simplified prospectus, which includes full details of the charges. The authorised corporate Director is City Financial Investment Company Limited.
Octopus Portfolio Manager
Before investing, please ensure that you have read the information set out in the Octopus Portfolio Manager brochure. An investment in Octopus Portfolio Manager should only be considered for the medium to longer term. Tax laws currently in place may change in the future, which could affect the value of an investment. There is no guarantee that the investment objective of the Octopus Portfolio Manager will be achieved. We do not take responsibility for, nor do we provide advice as to, the suitability or appropriateness of the specific Investment Profile selected by an investor. We reserve the right to decline any application where the applicant has not received professional financial advice. It is the responsibility of the investor (on the advice of their financial adviser if appropriate) to keep their financial circumstances, objectives and appetite for risk under review and to assess whether the specific Investment Profile that has been selected remains suitable for their needs. We shall not be liable for any losses that an investor suffers as a result of their selection of a specific Investment Profile and cannot and do not make any representation that such selection is suitable or appropriate for the investor's specific needs and requirements.
'Octopus Investments', 'Octopus Private Equity', 'Octopus Ventures' and 'Octopus' are trading names of Octopus Investments Limited. Octopus Investments Limited ("Octopus") owns and manages this website. This website is provided for marketing purposes only. As such, although reasonable care has been taken to ensure that the contents of this website is not misleading, nothing in this website should be taken as being a statement of fact, nor be relied on in any way. Any facts or figures stated in this website may not be correct at the time of your reading. The copyright in the contents of this website belongs to Octopus and unauthorised copying is strictly prohibited.
The contents of this website have been issued and approved for the purposes of section 21 of the Financial Services and Markets Act 2000 by Octopus Investments Limited, which is authorised and regulated in the UK by the Financial Services Authority with a Firm Reference Number of 194779. Details of our registration can be checked on the FSA's website at www.fsa.gov.uk. The address of the FSA is 25 The North Colonnade, Canary Wharf, London E14 5HS. Registered office: 20 Old Bailey London EC4M 7AN. Registered in England & Wales under No. 3942880.
Privacy Policy
Any information you provide to us will be used to administer your request for information from us. Occasionally, we may also use your details to inform you of other features, services and products offered by Octopus which we think you may be interested in and we may contact you by post, fax, email or telephone unless you have requested us not to. We will keep your personal information confidential except to the extent that we are compelled to disclose it by law or to comply with an instruction of a regulatory body of competent jurisdiction. To comply with the requirements of the Data Protection Act 1998, we adhere to strict security procedures and have taken all appropriate measures to ensure that no unauthorised disclosures of your details are made to a third party without your permission and unauthorised access to it is prevented.