Recent market conditions and the long-term nature of venture capital investment make it hard to assess a good VCT, but by analysing certain attributes it is possible to choose one that will be a good investment
Since venture capital trusts (VCTs) were first launched in the mid 1990s, we have experienced some very turbulent market conditions. The heady days of the technology boom crashed into the harsh three year bear market, which was followed by the volatile but sideways movement of the last year or two. Judging the relative performance of VCTs launched at different stages in these diverse market conditions is almost impossible, and the long-term nature of venture capital investment makes this task even harder. In the past VCTs had mostly been the preserve of older and richer investors needing t...
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