Calculus VCT

Calculus VCT is raising £10m via a top-up, to be invested in mature and profitable companies.

Calculus VCT holds a diverse portfolio of growing UK companies. It is currently raising £10 million via a top-up offer which will be used to invest in new companies with growth potential and provide further funding to a number of existing portfolio companies. The VCT is sector agnostic and instead attempts to identify companies with characteristics such as robust business models and strong management teams.

Calculus VCT aims to provide a regular dividend income of 4.5% of NAV alongside capital growth.

About the manager

Calculus Capital was incorporated in October 1999, previously called McDonald-Glencross Limited. It was co-founded by Susan McDonald and John Glencross, following careers in leading investment banks, and remains wholly owned by both in equal proportion.

Calculus Capital is one of the most well-known EIS providers in the industry, having launched the UK’s first HMRC approved EIS fund in 1999. Calculus now have approximately £147 million of assets under management. In addition to the 16 iterations of their EIS offering, Calculus also manage a VCT which was launched in March 2010.

 

How to invest

All application forms should be sent to EQ Investors in order to qualify for the discounts. Please note that information on closing dates is provided by the VCT Managers. In practice offers may be over-subscribed earlier, or may be extended. During the two months prior to the end of the tax year we strongly recommend that applications are submitted to us as soon as possible to avoid disappointment.

Important Information

The information set out above is included for information purposes only and is not an offer or an invitation to buy or sell or a solicitation of an offer or invitation to buy or sell or enter into any agreement with respect to any security, product, service or investment. Any opinions expressed do not constitute investment advice and independent advice should be sought where appropriate. All information is current as of the date of publication, subject to change without notice, and may become outdated over time.

Links to third party sites or pages are for information purposes only and such sites and pages are not part of this website or the responsibility of EQ Investors Limited and have not have been reviewed or verified by EQ Investors Limited. Following links to or from any other sites or pages shall be at your own risk.

Venture Capital Trusts should be regarded as higher risk investments, suitable only for experienced investors who are able to withstand losses.

Overview

VCT typeEvergreen
Offer typeTop-up
EQ discount3.0% until 15 February 2019
Closing date3 April 2019
30 Aug 2019
Raised / sought£4.8m / £10.0m
Min. investment£5,000