"The trusts' portfolio is well diversified, with dedicated teams covering both AIM listed and private companies. The trusts also have nearly a third of their money invested in Gresham House managed mainstream equity funds - an unusually large allocation to a comparatively low risk asset class for a VCT. That diversity should help to mitigate the volatility you see in more concentrated VCTs, though might also reduce the potential for really outsized returns."
"An analyst once described Baronsmead VCTs as the ready salted crisps of the VCT world - they're arguably a bit bland, but have near universal appeal. The trusts' portfolio is well diversified, with dedicated teams covering both AIM listed and private companies. The trusts also have nearly a third of their money invested in Gresham House managed mainstream equity funds"
The Baronsmead VCTs have launched an offer for up to £50 million including a £20 million overallotment. The trusts have total net assets of £432.1 million and a portfolio spanning over 85 companies. The portfolio mixes AIM-listed and private companies and allocates nearly a third to Gresham House managed mainstream equity funds, providing exposure to lower-risk main market equities. Over the five years to June 2025 the VCTs delivered an average NAV total return of 9.4%. The VCTs target an annual dividend equal to 7% of NAV and have met that target for the last ten years. High diversification aims to reduce volatility, though it may limit potential for very large gains.
Read at London Business News | Londonlovesbusiness.com
Unable to calculate read time
Collection
[
|
...
]