The Northern VCTs
Fueling UK tech growth whilst providing attractive dividend yields
The Northern VCTs comprise three separate trusts, each providing access to a diverse portfolio of tech-driven businesses. Tax benefits include income tax relief and tax-free dividends, offering substantial advantages to shareholders.
We started managing the Northern VCTs in 2019, and have doubled the size of the investment team since that point, introduced more experienced investors, and delivered 31 exits.
The Mercia group is one of the leading technology investors in UK and Europe, with over 550 portfolio companies, £1.8 billion AuM and deploying over £281m last year.
Key information on Northern VCTs for financial advisers and wealth managers:
*Capital at risk. Please see full risk information below
Key features
January 2025 launch (subject to approvals)
Portfolio of over 64 companies
4.5 - 5% target dividend
£6,000 minimum investment
The Northern VCTs and Mercia
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, £1.8 billion AuM and deploying over £281m last year. Mercia Fund Management Limited started managing the Northern Venture Capital Trusts in 2019, and has since doubled the size of the investment team, introduced more experienced investors, and delivered 31 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.
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Start an application
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.
Stefan Helm, Digital BD Manager
07377 383 609
Information and Risk Warning:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Investing in early-stage businesses involves risks such as illiquidity, lack of dividends, loss of investment, and dilution. Read the full risk warnings in the Fund documentation and seek advice from an independent financial adviser before applying. Tax treatment depends on the individual circumstances of each client and may be subject to change in future and depends on the company invested in maintaining its qualifying status. Past performance does not predict future results. Mercia cannot offer financial advice and this should not be construed as advice. Investments in non-Sterling currencies may be affected by exchange rate changes. External websites linked for convenience are not controlled by Mercia, which is not liable for their content or any resulting damages. Mercia Fund Management Limited, a subsidiary of Mercia Asset Management PLC, is the manager of the Northern VCTs and authorised and regulated by the FCA (FRN: 524856).
Please click here to understand the key risk factors. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
We have so much to tell you
Whether you’re ready to invest today or you’re thinking about a capital solution for tomorrow we would love to hear from you.