Puma Alpha VCT
Closed for investment
33%
NAV growth since inception (inc. dividends)
5p
Dividends paid to date
Tax benefits of a VCT
There are several tax reliefs associated with investing in VCTs:
- Income tax relief: 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.
- Dividend tax relief: Any dividends received from VCT shares are tax-free, regardless of the investor's tax rate.
- Capital Gains Tax relief: Any gain made when VCT shares are sold is not subject to Capital Gains Tax.
Upfront income tax relief
Tax-free capital gains
Tax-free dividends
Tax reliefs are not guaranteed, depend on individuals’ personal circumstances and a five-year minimum holding period, and may be subject to change.
Example portfolio investments
The Puma Private Equity Team manages our Puma VCT 13, Puma Alpha VCT and Puma Alpha EIS funds, which have the same investment strategy and invest into attractive, growing companies across a range of sectors in the UK.
The Puma VCTs, together with Puma EIS and Puma Alpha EIS, have raised over £380 million since 2005. Together, the Puma VCTs have invested into over 60 qualifying companies, achieving 35 full exits.
INVESTMENT
LIVE
MUSO
MUSO is a data company that provides a complete and trusted view of global piracy and unlicensed media consumption.
INVESTMENT
LIVE
INVESTMENT
LIVE
Ron Dorff
Ron Dorff is a premium bodywear brand, aligning Swedish functionality with French style.
INVESTMENT
LIVE
Everpress
Everpress is an online platform that enables creators to design and sell clothing to their audience.
INVESTMENT
LIVE
CameraMatics
CameraMatics is a leading Internet of Things (IoT) fleet and vehicle technology safety provider.
INVESTMENT
LIVE
Ostmodern
Creating video platforms for some of the world’s leading entertainment companies.
INVESTMENT
EXITED
Tictrac
Tictrac is an insurance technology provider that has produced an advanced health and wellness app.
Portfolio diversification
AS AT 28 FEBRUARY 2023
Invested by industry (fair value)
Fees & charges
Here, you can see a high-level breakdown of the fees associated with investing in Puma Alpha VCT.
INITIAL FEE
3%
OF AMOUNT SUBSCRIBED (PLUS VAT IF APPLICABLE)
PERFORMANCE FEE
2o%
OF AMOUNTS IN EXCESS OF 120P PER ORDINARY SHARE AS SET OUT IN FULL IN THE PROSPECTUS
ANNUAL MANAGEMENT FEE
2%
OF NET ASSET VALUE PA (PLUS VAT IF APPLICABLE)
ADMINISTRATIVE FEE
0.35%
OF NET ASSET VALUE PA (PLUS VAT IF APPLICABLE)
GM and AGM results
See the results from Puma Alpha VCT's historical and most recent General and Annual General Meetings.
Key Risks
An investment in Puma Alpha VCT carries risk and investors should always take independent advice. Individuals should only invest in Puma Alpha 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 Alpha VCT and it may prove difficult for investors to realise their investment immediately or in full.
Capital at risk: An investment in Puma Alpha 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 1 August 2022 unless stated otherwise.