AIC releases educational video – ‘Venture Capital Trusts Explained’

‘Venture Capital Trusts Explained’ is an easy-to-understand animation explaining what VCTs are, what they invest in, the associated risks and the tax incentives on offer.

VCT grow hand seed plant venture capital trusts

The Association of Investment Companies (AIC) has today released an educational video introducing venture capital trusts (VCTs). ‘Venture Capital Trusts Explained’ is an easy-to-understand animation explaining what VCTs are, what they invest in, the associated risks and the tax incentives on offer.

Annabel Brodie-Smith, Communications Director of the Association of Investment Companies (AIC), said: “A must-watch for anyone wanting to learn more about venture capital trusts, our easy-to-digest animation explains what VCTs are, the types of businesses they invest in, recent performance, tax benefits and more.

“VCTs are a vital part of our economy. They have been investing in cutting-edge UK businesses for over 25 years and have created tens of thousands of new jobs. Devastating human loss aside, the coronavirus and subsequent lockdowns have serious implications for the economy and providing investment and support to the most dynamic new companies has never been more important. Throughout the pandemic, VCTs have continued to invest in the UK’s most innovative science, healthcare and technology businesses, helping in the fight against COVID and allowing us to do more online whilst staying safe.

“It’s important to remember that VCTs are risky, and if investors are in any doubt as to whether they are suitable they should speak to a financial adviser.”

For more information, read our guide to Venture Capital Trusts.

-ENDS-

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Notes to editors

  1. The Association of Investment Companies (AIC) was founded in 1932 to represent the interests of the investment trust industry – the oldest form of collective investment. Today, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts and other closed-ended investment companies and VCTs. The AIC’s members believe that the industry is best served if it is united and speaks with one voice. The AIC’s mission statement is to help members add value for shareholders over the longer term. The AIC has 360 members and the industry has total assets of approximately £234 billion.
  2. Disclaimer: The information contained in this press release does not constitute investment advice or personal recommendation and it is not an invitation or inducement to engage in investment activity. You should seek independent financial and, if appropriate, legal advice as to the suitability of any investment decision. Past performance is not a guide to future performance. The value of investment company shares, and the income from them, can fall as well as rise. You may not get back the full amount invested and, in some cases, nothing at all.
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