VCT investments are higher-risk investments. Please see our main VCT page for further important information. REMEMBER, ONLY PURCHASE A VCT INVESTMENT THROUGH AN EXECUTION-ONLY BROKER LIKE CLUBFINANCE IF YOU DO NOT NEED ADVICE. CLUBFINANCE WILL NOT ASSESS THE SUITABILITY OR APPROPRIATENESS OF ANY VCT INVESTMENT. For advice on suitability or an assessment of appropriateness, please contact an authorised and regulated financial adviser.
If you know which VCT you would like to invest in and it is open for the 2017/18 tax year, please use the documentation in the table below. If the VCT is not listed or if you have difficulties, please contact us using the form at the bottom of this webpage and we will send you the appropriate documentation. A commission rebate of 100% of Clubfinance's initial commission (as additional shares) plus up to 75% of renewal commission will apply (subject to a maximum of 0.375% per annum).
Please see How to Invest - the process for details of the necessary steps and information you need to make an investment.
IMPORTANT NOTE ON CHARGES - Charges for VCTs can be very high and come in many different types and forms. Please ensure you read the offer document in detail to understand the charges.
Please remember to send your completed application form(s) together with a signed Client Declaration to Clubfinance Ltd. - click here for details.
All charges may be subject to VAT.
* Expected closing dates are for the 2017/18 tax year. Note that complete applications must reach Clubfinance at least 3 working days prior to the closing date. If you are close to this deadline please contact us to see if there are any special arrangements in place for last minute applications. Offers can close early.
** Please generate a commission statement and see the Securities Note/Prospectus/offer document for further information. All initial discounts shown are given as additional shares, except where specifically noted. The discounts shown include early bird additional shares offered by the VCT and are relative to an execution-only broker taking full commission. However, we do ensure that the initial charge after discount through Clubfinance is the same or cheaper than the charge for direct business.
a - Please note that for these VCTs, this maximum may not be reached due to the limited life nature of the VCT.
b - For these VCTs there is no renewal commission. As Clubfinance rebates 100% of its initial commission, Clubfinance therefore receives nothing for arranging these particular VCTs. This is in line with our 100% initial commission rebates for VCTs generally. We do this to provide clear, consistent, and competitive discounts that are transparent in terms of the commission we give up and keep. We do not charge a fee for this service.
1 - British Smaller Companies VCT - This is the initial charge for applications submitted without an intermediary.
2 - The initial discount for Foresight 4 VCT comprises our rebated initial commission of 3% and 1% additional shares (or 1.5% for existing shareholder in VCTs managed by Foresight) provided under the terms of the offer for early applications received and accepted by 30 November 2017. Please ensure applications are received by us by 29 November 2017 to ensure this additional share allocation is obtained (please contact us if you will have difficulty meeting this deadline).
3 - For Foresight Solar & Infrastructure VCT 'D' Share, existing shareholders in any Foresight VCTs will receive 0.5% additional shares (i.e. in total they will receive the higher initial discount shown above).
4 - For Foresight 4 VCT, existing shareholders in any Foresight VCTs will receive 0.5% additional shares (i.e. in total they will receive the higher initial discount shown above).
5 - For the Octopus AIM VCTs, existing or previous shareholders in any Octopus VCT will receive 1% additional shares (i.e. in total they will receive the higher initial discount shown above).
6 - For the Octopus Apollo VCT, existing or previous shareholders in Octopus VCTs will receive 1% additional shares (i.e. in total they will receive the higher initial discount shown above).
7 - For the ProVen Growth & Income VCT existing shareholders (and their spouses) in one of the ProVen VCTs on 1 August 2016 will receive 0.5% additional shares (i.e. in total they will receive the higher initial discount shown above).
8 - The initial discount for the Unicorn AIM VCT comprises our rebated initial commission of 3% and 0.25% additional shares (or 0.5% for existing shareholders in the Unicorn AIM VCTs) for early applications received and accepted by 7 September 2017. Please ensure applications are received by us by 6 September 2017 to ensure this additional share allocation is obtained (please contact us if you will have difficulty meeting this deadline).
We will endeavour to obtain and e-mail you the product documentation and our applicable VCT commission rebates will apply.
Clubfinance Ltd is authorised and regulated by the Financial Conduct Authority (firm reference no. 400139). Clubfinance offers an execution-only discount broker service; Clubfinance does not give advice or recommendations. If you have any doubt about the suitability of a particular product or service, or you require advice, you should seek a personal recommendation from an appropriate firm that does give advice. Clubfinance does not produce the products it arranges, or manage the underlying investments. Payments must not be made to Clubfinance, but to the relevant product provider. Contact details for Clubfinance can be found under 'contact'. Users of this website should be aware of the following:
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Clubfinance Ltd is authorised and regulated by the Financial Conduct Authority (400139)