Key information on Northern VCTs for financial advisers and wealth managers:
*Capital at risk. Please see full risk information below
The Northern VCTs comprise three separate trusts, providing access to a diverse portfolio of tech-driven businesses and attractive tax benefits. These benefits include income tax relief and tax-free dividends, offering substantial advantages to shareholders.
The Mercia group is one of the leading technology investors in UK and Europe, with over 550 portfolio companies, £1.4 billion AuM and deploying over £220m last year. Mercia started managing the Northern VCTs in 2019, and has since doubled the size of the investment team, introduced more experienced investors, and delivered 21 exits.
John is a 48-year-old software engineer who earns £80,000 per year. He has a pension and some savings but he wants to reduce his tax bill and invest in private companies to improve his diversification.
After assessing John’s attitude to risk, investment goals and capacity for for risk, John’s financial adviser suggests a VCT investment to manage his income tax liability.
To streamline the application procedure, we have partnered with City Partnership, our online receiving agent. They will also serve as our registrar, ensuring the smooth handling of all application submissions.
It's essential to note that applications will be evaluated on a first-come, first-served basis.
Information and Risk Warning:
Your capital is at risk. Investing in early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. Please read the full risk warnings in the Fund documentation before applying. Past performance is not a reliable indicator of future performance. You should not rely on any past performance as a guarantee of future investment performance.
Mercia is not able to offer financial advice and this should not be construed as advice. Before applying, we always recommend seeking advice from an independent financial adviser. Tax relief depends on an individual’s circumstances and may change in the future. In addition, the availability of tax relief depends on the company invested in maintaining its qualifying status.
Although we provide these links for your convenience, we have no control over these external websites and they are solely responsible for their own content and information presented. Therefore, Mercia cannot be held liable or responsible for any content presented on these external websites and for any damages resulting from them.
Mercia Fund Management Limited, a subsidiary of Mercia Asset Management PLC, is the manager of the Northern VCTs and is authorised and regulated by the Financial Conduct Authority.