Talking Money: What investors need to know about VCTs in 2017
Unicorn's Chris Hutchinson discusses the outlook and current issues
In our latest Money Makers podcast we turn our attention to venture capital trusts, specialist investment vehicles which put investors’ capital to work in higher risk, early-stage businesses.
VCTs, as they are known, offer significant potential tax benefits for those prepared to risk their money in this way. This year the marketing of VCTs has started earlier than normal. Why is that – and what else do potential investors need to know about the VCT market this year? Are the tax benefits worth the rewards?
Chris Hutchinson, lead manager of the £150m Unicorn AIM VCT, the largest VCT specialising in AIM-listed companies, is the man on the other side of the microphone for this in-depth discussion.
These podcasts are the latest in a series of free regular interviews with prominent figures in the investment world, brought to you by Money Makers. You can sign up here to be notified about the next podcasts in the series, which are free to air – or subscribe on iTunes and other podcast services. Jonathan Davis, the founder of Money Makers, is also the founder of Independent Investor, a sister publishing and newsletter business. An active professional investor, he is a Senior Adviser at Saunderson House, a Member of the Chartered Institute for Securities and Investments and the author of several books about professional investors. More details at www.independent-investor.com.
Chris Hutchinson is Senior Investment Manager at Unicorn and primarily responsible for selecting stocks for inclusion within the Unicorn AIM Inheritance Tax Portfolio service. He has been lead manager of Unicorn AIM VCT, the largest AIM-focused VCT, since joining the firm in 2005.