VCT Offers

Here are the current VCT offers open for investment. Click through to read our review of each VCT, watch video interviews with the managers, download application packs and find full details on how to invest. In most cases you can apply online – exclusive to Wealth Club – the fastest and easiest way to apply

The Wealth Club saving includes the discount we offer plus any early-bird saving from the VCT. Annual rebates are paid for three years.

VCTs are riskier than conventional investments so they’re not for everyone. Before you invest you should ensure you have read and understood the product’s offer documents, our terms of business and the Risks and Commitments

Compare Venture Capital Trusts: 

Product Sort by value Type Sort by value Target dividend Initial charge Sort by value Initial saving via Wealth Club Sort by value Net initial charge Sort by value Annual rebate Sort by value Funds raised / sought Sort by value Deadline Sort by value Invest now
Albion VCTs

Albion Capital is one of the longest established VCT managers. The VCTs have a broad spread of underlying investments in earlier-stage technology, more mature asset-based businesses, renewable energy, healthcare and education, with a strong credible team managing these.

Generalist - - - - - £34 million sought Coming soon  
Amati AIM VCT AIM - - - - - £25 million sought Coming soon  
Calculus VCT

The Calculus VCT invests alongside the long-established Calculus EIS fund, which launched in 1999, offering a lower entry point for investors seeking Calculus’ approach to building a broadly diversified portfolio.

Generalist 4.5% of NAV 5% 5% 0% 0.10% £10 million sought 29 Nov for zero initial charge offer  
Downing FOUR VCT – Generalist Generalist 4% from 2020 5% 2.25% 2.75% 0.10% £11 million / £20.3 million 30 Oct 2019  
Downing FOUR VCT – Healthcare Specialist 4% from 2020 5% 2.25% 2.75% 0.10% £5.1 million / £10.2 million 30 Oct 2019  
Downing ONE VCT

A blend of AIM companies, earlier-stage growth opportunities and asset-backed deals from an established VCT manager.

Generalist 4% of NAV 4.5% 3.25% 1.25% (0.75% for existing shareholders) 0.10% £15 million sought 13 Dec 2019 for early bird saving  
Draper Esprit VCT

Diverse VCT portfolio with a focus on growth businesses, particularly in software and computer services. The acquisition of Elderstreet by Draper Esprit promises to enhance deal flow and provide the VCT with opportunities to invest in larger, more established businesses.

Generalist 3p 5.5% 4.0% 1.5% - £20 million sought 16 Dec 2019 for early bird saving  
Maven Income & Growth VCTs

Maven is one of the premier VCT managers. It manages six VCTs alongside its private equity and debt financing activities. Maven has particular strength in the UK regions, with 10 offices around the country.

Generalist - - - - - £15 million sought Coming soon  
Mobeus VCTs

Mobeus is a private equity house with a strong track record of VCT management. In the past its four VCTs have predominantly invested in MBOs; however since the VCT rule change in 2015 they have built up an experienced growth investing team, led by Trevor Hope (formerly of the ProVen VCTs). Mobeus is good at structuring deals and focuses on mid-stage growth companies; investors will continue to be exposed to the MBO portfolio although this will be replaced over time.

Generalist - - - - - £38 million sought Coming soon  
Northern VCTs

Managed by NVM Private Equity in Newcastle, the three Northern VCTs are among the longest-running Venture Capital Trusts and have built up a strong investor following over the years, gaining a reputation for share offers that quickly sell out. The three VCTs have announced their intention to raise up to £40 million in linked offers, expected to open in January 2020.

Generalist - - - - - £40 million sought Coming soon  
Octopus AIM VCTs

Octopus AIM VCT and Octopus AIM VCT 2 (together the Octopus AIM VCTs) offer exposure to a well established portfolio of maturing and profitable AIM companies plus earlier-stage businesses from newer investments.

AIM - - - - - - Coming soon  
Octopus Apollo VCT

Investors will buy into a VCT with over £130 million of assets. Stability of capital is seen as more important than high growth. Investments in healthcare and renewable energy are key aspects of this portfolio.

Generalist 5% 5.5% 2.5% 3% (2% for existing shareholders) 0.25% £17 million / £20 million 10 Dec 2019 for next allotment  
Puma Alpha VCT

This is Puma’s fourteenth VCT, the first with an evergreen focus. It aims to invest in scale-up opportunities among established, income-yielding growth capital companies.

Generalist 5p from 2023 4% 4% 0% 0.10% £1.3 million / £30 million 25 Oct 2019 for zero initial charge  
Seneca Growth Capital VCT Generalist - 5.5% 2% 3.5% - £10 million sought 1 Apr 2019 (noon)  
Triple Point VCT 2011

Generalist, growth-oriented Venture Share class for Triple Point 2011 VCT

Generalist 3p per share 5.5% 3% 1.75% (0.75% existing shareholders) 0.15% £10 million sought 31 Dec 2019 for early bird saving  
ProVen VCTs

An established VCT offering new investors a diverse portfolio of maturing companies alongside new investments. Beringea has a solid track record of investing in companies with growth potential, particularly in digital media and consumer products, and supporting them until a profitable exit can be achieved.

Generalist - - - £80 million / £80 million CLOSED

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