"Calculus VCT has launched an offer for up to £20 million (£10 million + £10 million overallotment). The VCT has total net assets of £45.7 million and a portfolio of more than 25 companies. Calculus was founded in 1999 and launched the UK's first EIS fund. It's a generalist investor, but is notable for large positions in film and television production companies - a sector not often found in VCT portfolios."
"Calculus has been running tax efficient investment products for more than a quarter of a century. Although the investment team are generalists, with expertise in healthcare and technology, the VCT is notable for it's Media & Entertainment investments. Media is a sector not often backed by VCTs, but accounts for 27% of the Calculus portfolio. The VCT generally backs production companies founded by experienced industry professionals, and has been involved in several successful TV and film projects including war photographer biopic Lee and Netflix series Black Rabbit."
Calculus VCT has launched an offer for up to £20 million (£10 million plus £10 million overallotment). The VCT reports total net assets of £45.7 million and a portfolio of more than 25 companies. Calculus was founded in 1999 and launched the UK's first EIS fund. The VCT is a generalist investor with notable large positions in film and television production companies, a sector that accounts for 27% of the portfolio. The VCT typically backs production companies founded by experienced industry professionals and has been involved in projects including war photographer biopic Lee and the Netflix series Black Rabbit. The VCT targets an average annual dividend equal to 5% of NAV and delivered a NAV total return of 7.8% over the five years to June 2025.
Read at London Business News | Londonlovesbusiness.com
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