Octopus AIM VCT
Applications open
Next allocation deadline:
12pm 5 December 2024
Important information - Venture Capital Trusts (VCTs) invest in small, early-stage, unlisted companies and are considered high-risk investments. It’s difficult to access your money in the short term and their value can go down as well as up so you could get back less than you put in. VCTs are long-term investments and should only be a consideration for experienced investors with larger portfolios. We suggest they form a small part of a diversified portfolio. This isn’t personal advice, if you’re unsure if VCTs are right for you, please consider taking advice. Tax rules can change, and their benefits depend on your individual circumstances.
About Octopus AIM VCT
Octopus AIM VCT invests in emerging UK companies listed on AIM. It holds around 80 established, maturing businesses from a diverse range of sectors. The team focuses on companies where there’s a strong business idea and plenty of room to grow.
Key facts
- Started in 1997.
- £116mn total assets under management.
- Annual dividend target yield of 5% or 5p per share, whichever is greater.
- Holds around 80 companies across a range of industries.
- Raising £20mn with an over-allotment facility of a further £10mn. This is shared with its sister VCT Octopus AIM VCT 2.
Before applying you should read the prospectus and key information document. This contains helpful information about how the VCT works and is invested, but also will help you understand any further risks you should be aware of.
Ready to invest?
Make sure you’ve read these key documents. They cover in more detail the risks and investment strategy of this VCT.
Key information document (KID)
VCT offer details
- Open to UK investors located and resident in the UK.
- Minimum application of £10,000, capped at a maximum of £200,000.
- You must hold an HL Fund and Share Account to apply, you can open one during the application process. It’s free to hold VCT shares in this account.
- HL dealing charge of £50 applies.
- Investors will qualify for a 0.5% annual rebate of the ongoing charge. This is paid annually in bonus shares.
- The offer price will be established through the issue.
- The deadline for applications in the next allocation is 12pm 5 December 2024. Applications can close early and at short notice, especially if there is strong demand.
Any application in this VCT should be made on the basis of the prospectus and any supplementary information issued by the VCT manager. The prospectus and supporting documents are provided by Octopus Investments, Hargreaves Lansdown has not authorised or approved them and is not responsible for their accuracy.
Ready to invest?
Make sure you’ve read these key documents. They cover in more detail the risks and investment strategy of this VCT.
Key information document (KID)
Example companies held by Octopus AIM VCT
To see more detail on how the VCT invests, including why they’ve chosen certain companies, check the VCT prospectus and brochure.
Past performance
You can view the past performance data of this VCT on our factsheet. You’ll need to return to this page to place a deal. Past performance is not a guide to the future.
View Octopus AIM VCT past performance
Costs and charges
An HL dealing charge of £50 applies to purchases and sales.
Existing investors in this VCT must hold their shares in an HL Fund and Share Account to qualify for the discount. Existing investor discount paid as bonus shares.
The VCT manager can charge a performance fee based on past performance. Other incidental charges for buying and selling investments may apply. Details on this are available in the prospectus and key information document.
The following charges are based on an investment of £10,000 within a Fund and Share Account over 5 years assuming a 5% growth rate. We’ve used the initial charge including the HL saving, but no further discounts like early bird or existing investor discounts have been applied. The annual rebate is also not included.
Holders should also get income from the VCT, on which there's no charge from HL and so isn't included in these figures. The income you’ll receive isn't guaranteed and you could get back less than you invest.
£100
£1,598.03
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| HL Charges | £50.00 | £0.00 | £0.00 | £0.00 | £50.00 | £100.00 |
| Management charge | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| Entry dealing charge | £50.00 | £0.00 | £0.00 | £0.00 | £0.00 | £50.00 |
| Exit dealing charge | £0.00 | £0.00 | £0.00 | £0.00 | £50.00 | £50.00 |
| Investment charges | £546.38 | £253.76 | £259.78 | £265.95 | £272.16 | £1,598.03 |
| Stamp duty (N/A) | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| Net initial charge (3.00%) | £298.50 | £0.00 | £0.00 | £0.00 | £0.00 | £298.50 |
| Ongoing charge (2.56%) | £247.88 | £253.76 | £259.78 | £265.95 | £272.16 | £1,299.53 |
| Transaction costs | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| Incidental charges | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| Total charges over 5 years | £596.38 | £253.76 | £259.78 | £265.95 | £322.16 | £1,698.03 |
| Average annual charge | 6.10% | 2.54% | 2.54% | 2.54% | 3.00% | 3.34% |
| Illustrative 5-year value | £9,880.59 | £10,115.12 | £10,355.22 | £10,601.01 | £10,802.64 | £10,802.64 |
| Illustrative 5-year value with no charges applied | £10,500.00 | £11,025.00 | £11,576.25 | £12,155.06 | £12,762.82 | £12,762.82 |