This offer is closed
Octopus Titan VCT is currently closed for new investment. It may raise funds in the future.
The VCT has undergone a Strategic Review, the outcome of which was shared with investors in a Circular on 12 September 2025.
You can download both the Circular and our short summary below.
Important: The information on this website is for experienced investors. It is not a personal recommendation to invest. If you’re unsure, please seek advice. Investments are for the long term. They are high risk and illiquid and can fall as well as rise in value: you could lose all the money you invest.
Performance and dividends
In the five years to June 2025 the Octopus Titan VCT has delivered a NAV total return (including dividends) of -24.0%, paying dividends equivalent to 29.7% of starting NAV – dividends are variable and not guaranteed. Recent poor performance is now weighing on longer term returns, with the VCT returning -5.4% over ten years – past performance is not a guide to the future. Note, we show VCT returns over a five-year period as a minimum, where possible. Where a VCT has followed the same investment strategy for longer, we also show returns over 10 years.
This fall has led the VCT to alter its dividend policy. The VCT now targets dividends of 5% of NAV (changed from 5p per share). This is a less generous target whilst NAV is below £1 per share, as it is currently, although successful exits may potentially help fund occasional special dividends.
NAV and cumulative dividends per share over five years (p)
Source: Morningstar. Past performance is no guide to the future. Dividends are variable and not guaranteed. The bar chart shows starting net asset value and cumulative dividends per share for the period 31/12/2019 to 30/06/2025.
Dividends per calendar year
Source: Morningstar. Past performance is not a guide to the future. Dividends are variable and not guaranteed. Dividends paid per calendar year to 30/06/2025.
Dividend yield history (% of starting NAV)
| Dividend as % of NAV | |
|---|---|
| 2020 | 5.3% |
| 2021 | 11.3% |
| 2022 | 4.7% |
| 2023 | 6.5% |
| 2024 | 5.0% |
| YTD | 1.0% |
Source: Morningstar. Dividend yields are based on the dividends paid over the period divided by the starting NAV of the VCT in each period. Past performance is no guide to the future.
Risks: important
This, like all investments available through Wealth Club, is only for experienced investors happy to make their own investment decisions without advice.
VCTs 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.
To retain the tax benefits, VCTs should be held for at least five years. If you sell VCT shares and reinvest in new shares of the same VCT (including any mergers) within six months, tax relief can be restricted. Tax rules can change and benefits depend on circumstances.
This financial promotion has been communicated and approved by Wealth Club Ltd on 12 September 2025
Wealth Club aims to make it easier for experienced investors to find information on – and apply for – investments. You should base your investment decision on the offer documents and ensure you have read and fully understand them before investing. The information on this webpage is a marketing communication. It is not advice or a personal or research recommendation to buy any of the investments mentioned, nor does it include any opinion as to the present or future value or price of these investments. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.