Three more VCTs to launch

vct managers target investors with varied range of products, including income vehicle

VCT managers are attempting to entice investors who have specific investment needs with income, music and Chinese-exposed vehicles entering the market. Keydata has followed its launch of an Aim vehicle with the release of an income trust focused entirely on the renewable energy sector. The Keydata Income VCT will invest initially in wind farms and will target an annual 5p dividend over a period of up to 20 years. As with all VCT distributions this is tax free. The group assesses that once the upfront 40% tax break is taken into account this is equivalent to 10.68% a year return for a basi...