Hargreave Hale has been managing unit trusts that invest in UK Small and Micro Cap companies for 14 years, and VCTs for 8 years. It has a long established reputation that stems from its management of the Marlborough Special Situations Fund and the Marlborough UK Micro Cap Growth Fund, and more recently the VCTs.
The VCT is co-managed by Giles Hargreave and Oliver Bedford, with support from the wider team of five highly experienced fund managers: George Finlay, Guy Feld, Richard Hallett, Siddarth Lall Chand and Will Searle.
The investment strategy of the VCT is to:
Construct a diversified portfolio of equity investments in small UK based qualifying companies, primarily being companies which are traded on AIM
Make targeted non-qualifying equity investments on an opportunistic basis to boost the fund's performance
To maintain the VCT's exposure to small companies through an initial investment of new capital into the Marlborough Special Situations Fund, pending investment into qualifying companies
Invest in a range of other non-qualifying investments such as gilts, other fixed interest securities and bank deposits
Remain flexible in its approach, adapting the fund's position to reflect market conditions; and
Seek to maximise tax free dividend distributions to Shareholders
The Hargreave Hale AIM VCT 2 launched in December 2006 raised an initial subscription of £4.6 million from 278 investors.
The return of capital is not guaranteed, it is possible for you to get back less than your original investment at the end of the term or if you cash in your investment early.
Important Note: This website reflects Hargreave Hale's understanding of the tax benefits of VCTs and does not in any way constitute investment or tax advice. The value of reliefs depends on individual circumstances and we recommend you take financial or other professional advice before making any investment in a VCT.