Aim VCTs return 1%pa

aim Bias to tech and healthcare has seen average returns for the index struggle since 1998-99

VCT investors who invested in Aim-related products in the 1998/1999 tax year will have seen an average return of around 1%pa since then, according to Allenbridge. At first glance this appears to be quite a poor return on capital, yet the figure reflects a variety of collective investment vehicles investing in the Aim market. Individual Aim venture capital trusts within this have achieved significantly higher returns. The Friends Ivory & Sime Aim VCT, for example, which launched in December 1998, has returned around 5%pa to investors on average since launch. This figure is based on th...