Arie Capital Technology EIS fund

The Arie Capital Technology EIS Fund aims to invest in:

  • Fintech and other web-based technologies
  • Smartphone applications
  • Big data and the internet of things
  • Medical technologies
  • Consumer and industrial electronics.

It sources the majority of its deals from Israel. It Investors will hold three to four portfolio companies, depending on the amount raised. The fund seeks to raise £10 million, with a minimum investment of £10,000. 

Risks – important

This, like all investments available through Wealth Club, is only for experienced investors happy to make their own investment decisions without advice.

EIS investments are high-risk so should only form part of a balanced portfolio and you should not invest money you cannot afford to lose. They also tend to be illiquid and hard to sell and value. Before you invest, please carefully read the Risks and Commitments and the offer documents to ensure you fully understand the risks. 

Tax rules can change and benefits depend on circumstances.

This EIS fund invests in early-stage businesses which are more likely to fail than larger ones. So you should expect a number of failures in the portfolio.

Fees

There is an initial fee of 2.5%, paid from investors’ subscriptions. The investee companies are charged an arrangement fee of up to 5% to cover initial mentoring services, legal, professional and transactional costs. They are charged an annual fee of the higher of £6,000 per year or 1.5% of the amount raised. In addition, there is a Performance Fee of 20% of returns above £1.35 for every £1 invested. Full details of all fees and charges are can be found in the provider’s documents and the key information document.

Wealth Club aims to highlight investments we believe have merit, but you should form your own view. You should decide based on the provider's documents and ensure you have read and fully understand them before investing. This short review is a marketing communication. It is not advice or a personal or research recommendation to buy the investment mentioned. It does not satisfy legal requirements promoting investment. May 2018

The details

Type
Fund
Sector
Technology
Target return
2x
Funds raised / sought
£10 million sought
Minimum investment
£10,000
Deadline
Discretionary

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