The Mobeus Income and Growth VCT
Fund Overview
Mobeus Income and Growth VCT targets dynamic, fast-growing UK companies to deliver long-term capital appreciation and regular tax-free dividends. With a portfolio of diversified investments across various sectors, the fund's net assets exceeded £245 million as of the latest update.
Investment Strategy
The fund focuses on high-potential businesses with scalable operations, operating across technology, healthcare, and other growth industries.
Key Elements of the Strategy:
Growth-Oriented Investments:
- Focus on younger, fast-growing businesses.
- Strong emphasis on scalability and innovation.
Portfolio Diversification:
- A balanced mix of income-generating and high-growth investments.
Active Management:
- Regular follow-on investments and close collaboration with management teams.
Recent Highlights:
- Investments in companies like Parsley Box and Proactive Group Holdings.
- Continued growth in technology and digital services sectors.
Performance Metrics
| Year | NAV Total Return (%) | Dividends Paid (p/share) |
|---|---|---|
| 2024 | 6.8 | 5.5 |
| 2023 | 6.5 | 5.0 |
| 2022 | 6.2 | 4.8 |
Note: NAV Total Return includes growth in NAV and dividends paid.
Tax Benefits
Investors benefit from:
- 30% income tax relief: Available for investments up to £200,000 annually.
- Tax-free dividends: Regular income without tax obligations.
- Capital gains tax exemption: No CGT on share disposals.
Tax treatment depends on individual circumstances and may change.
Fund Documents
Contact Information
- Phone: 020 7024 7600
- Email: [email protected]
- Website: Mobeus Income and Growth VCT
Why Consider Access EIS Instead?
Both Mobeus Income and Growth VCT and Access EIS offer tax-efficient investments, but they cater to different needs:
| Feature | Mobeus Income and Growth VCT | Access EIS |
|---|---|---|
| Investment Focus | Growth-oriented businesses across diverse sectors | Early-stage, high-growth UK startups |
| Minimum Investment | £5,000 | £5,000 |
| Tax Benefits |
- 30% Income Tax Relief - Tax-Free Dividends - Capital Gains Tax Exemption |
- 30% Income Tax Relief - Capital Gains Tax Deferral |
| Liquidity | Some liquidity via AIM and buyback schemes | Illiquid, with returns realized after ~5–7 years |
| Dividends | Regular, tax-free dividends | No dividends; all profits reinvested |
| Risk Level | Moderate to High | Very High |