Puma Investments launches VCT 12 (FT Advisor)
Puma Investments has today (21 October) announced the launch of its latest limited life VCT, Puma VCT 12.
Its principal focus is on capital preservation whilst seeking to produce regular, tax-free distributions to shareholders from a portfolio of businesses with substantial tangible assets such as freehold property or contracted and highly predictable revenue streams.
The Puma VCT 12 will target an average annual dividend payout equivalent to 5 pence per share, starting from and including the April 2018 dividend over the rest of the life of the fund.
Read the full article here on the FT Advisor website.