VCTs can potentially be a decent wealth builder, but you need an appetite for risk and be willing to lock your money away for at least five years
Thursday 14 Jan 2021 Author: Yoosof Farah
The new venture capital trust ( VCT ) offer season is now in full swing where investors can apply for new shares and enjoy immediate tax benefits. Recent offers from Amati AIM VCT and Octopus AIM VCT have already closed, having hit their subscription target. Others are filling up quickly. Each year VCTs seem to attract money faster than the previous year, meaning interested investors need to act fast...