Puma VCT 13
Open for investment
149.55p
NAV + Total Dividends as of 30 June 2023
16.5p
Dividends paid to date
Highlights
Best-performing generalist VCT, as recognised by MICAP, on a five-year basis (as at 31 December 2023), with a total return (NAV plus dividends paid) growth of over 65%.1
Puma VCT 13 is five years old and has more than £100 million in assets.
We've invested in 20 companies, and have achieved multiple successful exits.
1 Past performance is no indication of future results, and share prices and their values can go down as well as up. Source: MICAP, VCT performance public.
Why invest in Puma VCT 13
We know that investing for long-term tax planning is essential to our clients, to help them achieve their financial goals. We believe Puma VCT 13 offers clients six key benefits, to enable them to do this.
Tax benefits of a VCT
Investors can claim up to 30% income tax relief on VCT investments up to £200,000 per tax year, provided the VCT shares are held for at least five years.
Any gain made when VCT shares are sold is 100% free from capital gains tax.
Any dividends received from VCT shares are 100% tax-free, regardless of the investor's tax band.
Tax reliefs are not guaranteed, depend on individuals’ personal circumstances and a five-year minimum holding period, and may be subject to change.
LEARN MORE ABOUT VCTsExample portfolio investments
Fourteen Puma VCTs have raised over £340m since 2005. They've invested in 58 companies, achieving 36 full exits. Puma VCT 13, five years old with over £100m in assets, invested in 18 companies and exited two. Browse through some of our amazing portfolio companies below.
PUMA INITIAL FEE
3%
(plus VAT if applicable) of amount subscribed
PUMA ANNUAL MANAGEMENT FEE
2%
(plus VAT if applicable) of net asset value pa
PERFORMANCE FEE
20%
(plus VAT if applicable) of the investment gain within the portfolio (net of costs)
ADMINISTRATIVE FEE
0.35%
(plus VAT if applicable) of net asset value pa
Ready to apply?
GM and AGM results
See the results from Puma VCT 13's historical and most recent General and Annual General Meetings.
Risk factors
An investment in Puma VCT 13 carries risk and you should take your own independent advice. You should only invest in Puma VCT 13 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 VCT 13 and it may prove difficult for investors to realise their investment immediately or in full.
Capital at risk: An investment in Puma VCT 13 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 December 2023 unless stated otherwise.