Symvan Technology EIS Fund

The Symvan Technology EIS Fund offers investors exposure to early-stage technology businesses which are potentially disruptive in their sector and have high-growth potential. 

Symvan Capital was founded in 2013 and launched the EIS fund in 2016. CEO and co-founder Kealan Doyle has worked with venture capital firms for 15 years as a corporate finance advisor and fund manager. The investment selection puts strong emphasis on management teams. Symvan collaborates with technology incubators, including Microsoft. Symvan has a particular focus on ‘post-seed’ financing, where companies have already raised early-stage funding and have now grown too large for angel investors, but are too small for lower/mid-market funds.

Four to six investments will typically be held. 

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 / SEIS 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 / SEIS 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.

Diversification is limited, and this is a concentrated portfolio.

Fees & charges

A summary of the fees and charges is shown below. Please see the provider's documents for more details.

Full initial charge 6%
Wealth Club initial saving 0%
Net initial charge through Wealth Club 6%
Annual charge 2%
Performance fee 20%

More detail on the charges

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 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 research independence and is thus not subject to prohibitions on dealing ahead of its dissemination. 22 June 2018

The details

Type
Fund
Sector
Technology
Target return
£2.85 per £1 invested
Funds raised / sought
£4 million / £10 million
Minimum investment
£20,000
Deadline
Discretionary

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