Introducing the new Puma AIM VCT
Open for investment
0%
initial fee before 20 December 2024
The first AIM VCT in 17 years
We are excited to announce the launch of the Puma AIM VCT, the first new AIM VCT to the market in 17 years. The launch reflects valuable feedback from our adviser and wealth management community.
Puma AIM VCT aims to provide you with attractive returns by investing in established companies traded on the Alternative Investment Market (AIM), offering the full range of VCT tax reliefs. We focus on stable returns from companies with growth potential, avoiding the volatility of start-ups.
Launch offer: 0% initial fee
To celebrate the launch, we are offering all investors, who apply on or before 20 December 2024, a 0% initial fee.
Six key reasons
Investing for long-term tax planning is essential to helping you achieve your financial goals. Scroll through the reasons to invest the new Puma AIM VCT.
1. A decade of investing on AIM
The ability to deliver strong returns through a portfolio of Business Relief-qualifying investments listed on AIM demonstrates the management team’s expertise in identifying high-potential opportunities, managing volatility, and navigating regulatory environments.
2. Experienced investment team
The Puma AIM VCT investment team has a collective track record of over 50 years of investing in AIM traded companies. The team is led by Dr Stuart Rollason, and supported by Daniel Cane and Joseph Cornwall.
3. Independent expert oversight
Puma AIM VCT benefits from a majority independent board of experienced senior directors.
Having an independent board is key for governance, because it ensures objective oversight, reduces potential conflicts of interest and promotes accountability, ultimately leading to more balanced and effective decision-making.
4. Our investment approach
With over 50 years of combined experience investing on AIM, the investment team has refined its approach over time.
The Investment Manager will assess potential investments into AIM traded companies using a broad base of selection criteria.
5. Established VCT manager
Since Puma VCT 1 was established in 2004, there have been a further 14 Puma VCTs launched. They have raised over £380 million and have invested into 60+ VCT-qualifying companies, achieving over 35 full exits.
Puma AIM VCT is the 15th VCT.
6. Group expertise on AIM
Puma Investments remains part of the Shore Capital Group – a privately held, independent investment group that specialises in equity capital market activities, alternative asset management and principal finance.
With 40 years of heritage behind it, the Shore Capital Group has been involved with AIM companies since AIM's inception in 1995, through advising, producing highly regarded research, and facilitating their admission to trading on the market.
Meet our expert team
Dr Stuart Rollason
Investment Director
Daniel Cane
Investment Director
Joseph Cornwall
Investment Manager
Fees and charges
All fees are inclusive of VAT where applicable. Please refer to the fees and charges summary in the Investment Overview for more information.
INITIAL FEE
0%
of amount subscribed, for investors who apply on or before 20 December 2024
ANNUAL MANAGEMENT FEE
2%
of net asset value pa
PERFORMANCE FEE
20%
of the investment gain within the portfolio net of costs, after first achieving a high-water mark of 110p per share
ADMINISTRATIVE FEE
0.35%
of net asset value pa
Latest company announcements
Where to next?
Investment Overview
Read our Investment Overview to learn about Puma AIM VCT in more detail.
Our guide to VCTs
Read our guide to learn more about the tax benefits of investing in a VCT.
We're here to help
Our expert team are always available to discuss this new product in more depth with you.
Risk factors
An investment in Puma AIM VCT carries risk and may not be suitable for all investors. Investors can only invest in Puma AIM VCT on the basis of the prospectus which details the risks of the investment. Below are the key risks:
Tax reliefs: Tax reliefs are not guaranteed, depend on individuals’ personal circumstances and a five-year minimum holding period, and may be subject to change.
Liquidity: It is unlikely there will be a liquid market in the ordinary shares of Puma AIM VCT and it may prove difficult for investors to realise their investment immediately or in full.
Capital at risk: An investment in Puma AIM VCT involves a high degree of risk. Investors’ capital may be at risk.
General: Past performance of Puma Investments in relation to its other VCTs is no indication of future results. The payment of dividends is not guaranteed. Investors have no direct right of action against Puma Investments. The Financial Ombudsman Service/the Financial Services Compensation Scheme are not available.
Figures on this page are taken from Puma Investments and are correct as of 31 August 2024 unless stated otherwise.
Sources
For all performance data: Puma Investments. Figures correct at 31 August 2024 and may be subject to rounding errors.
1 Gov.uk, Business population estimates for the UK and regions, 2022.