Artemis offering Aim VCT

vcts

Artemis Investment Management has launched its second Aim venture capital trust. Open for investme...

Artemis Investment Management has launched its second Aim venture capital trust. Open for investment from 8 October, Artemis Aim VCT 2 seeks to raise up to £40m, of which 80% will be invested in qualifying holdings, with 75% of this in stocks listing on Aim. The trust will be co-managed by Lindsay Whitelaw and John Dodd, managers of the Artemis New Enterprises and UK Smaller Companies funds respectively, who also co-run the first VCT. The minimum subscription is £3,000 and charges are 5.25% initial and 1.75% annual. The managers are also entitled to receive a performance fee equivalent...