Terms of use

The information on these pages relating to VCTs managed by Beringea LLP, is directed at United Kingdom residents only. Shares in venture capital trusts ("VCTs") referred to on these pages will not be offered to non-residents.

No reliance is to be placed on the information contained on this website in making an application to subscribe for shares in VCTs managed by Beringea.

Any such application may only be made on the basis of the relevant prospectus, which can be downloaded from this website or obtained from: Beringea LLP, 39 Earlham Street, London WC2H 9LT (telephone: 0845 686 0225). Prospective investors should ensure that they read the risk warnings set out in the prospectus. Beringea does not provide and nothing on these web pages should be construed as investment or tax advice.An investment in a VCT should be considered a long-term investment and is not suitable for all individuals. Under current legislation shares must be held for a minimum of 5 years for maximum tax benefits and may be affected by future legislation. The market price of VCT shares may not reflect the full underlying net asset value ("NAV") of shares and shareholders may have difficulty in selling their shares and any sale is likely to be at a discount to the NAV. Potential investors in VCTs managed by Beringea should consult their financial advisors.

The value of shares in a VCT and the income from them may fluctuate and investors may not get back the amount they invested. The market price of VCT shares is unlikely fully to reflect their underlying net asset value. It is possible that there may not be a liquid market in the shares of VCTs and shareholders may have difficulty in selling their shares. Any sale is likely to be at a discount to net asset value.

VCTs invest in a portfolio of small companies, which by their nature carry greater risk than larger, quoted companies.

The tax reliefs available to investors in a VCT are dependent on it maintaining Inland Revenue approval. A failure to meet the qualifying requirements could result in adverse tax consequences to investors, including a requirement to repay the income tax relief obtained. Investors must retain their VCT shares for the minimum period required to retain their initial tax relief. The tax rules and regulations governing VCTs are subject to change.

The past performance of Beringea LLP as a fund manager is no guide to the future performance of its VCTs.

Privacy Policy

Any information you provide to us will be used to administer your requirements for information from us. Occasionally, we may also use your details to inform you of other features, services and products which we think you may be interested in and we may contact you by post, fax, email or telephone. We will keep your personal information confidential except to the extent that we are compelled to disclose it by law or to comply with an instruction of a regulatory body of competent jurisdiction. To comply with the requirements of the Data Protection Act 1998, we adhere to strict security procedures and have taken all appropriate measures to ensure that no unauthorised disclosures of your details are made to a third party without your permission and unauthorised access to it is prevented.

The information in this website does not constitute an invitation, inducement or offer to engage in investment activity, or to subscribe for or purchase shares or other securities. It is intended for general information purposes only and not as investment, or other advice, and is not to be relied upon in connection with any investment decision.

Any potential investor should seek independent, professional financial advice and read the relevant prospectus or offering memorandum prior to making an investment decision.

This Site is aimed at persons who qualify as "Intermediate customers" or "market counterparties" (these terms are defined in the rules of the Financial Conduct Authority ("FCA") and the former generally entails a certain minimum net worth or level of expertise. The Site is therefore not directed at private customers and such persons should not rely upon information on the Site and will not be able to avail themselves of the services referred to on it.

Issued by Beringea LLP which is authorised and regulated by the Financial Conduct Authority registered number: 138888.