Foresight 3 VCT

Update: This VCT has now merged with Foresight 4 VCT, which has opened a £50 million subscription offer for 2017/18 – details here



This is one of the longer running VCTs, having started as Advent VCT plc in the mid 1990s. Foresight was appointed the manager in 2004, after which it was renamed Foresight 3. In 2008, Foresight was similarly appointed to manage Noble VCT which was merged into this VCT later that year.

Top five holdings

As at 31 December 2016 the top five investments by valuation were:

  • Datapath Group Holdings Ltd
  • Ixaris Systems Ltd
  • CoGen Ltd
  • TFC Europe Ltd
  • The Bunker Secure Hosting Ltd

Proposed merger

It has been announced that Foresight 3 VCT intends to merge with its sibling Foresight 4 VCT, subject to shareholder and regulatory approval. The aims of such a merger would be to save costs and improve administrative efficiency. The resulting enlarged VCT would be expected to have assets around £74 million, with around 25 portfolio companies.

The details

Target dividend
Initial charge
Initial saving via Wealth Club
Net initial charge
Annual rebate
Funds raised / sought

See Foresight 4 VCT offer

View the subscription offer for the merged Foresight 3 and 4 VCTs

Read more about See Foresight 4 VCT offer

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