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This material is directed only at persons in the UK and is not to be regarded as an offer or invitation to buyor sell an investment nor does it solicit any such offer or invitation in any jurisdiction other than the UK. Persons resident in territories other than the UK should consult their professional advisers as to whether they require any governmental or other consent or need to observe any formalities to enable them to invest in the products described in these pages. An investment in any VCT fund managed by Elderstreet must only be made on the basis of the information set out in the relevant prospectus. The investments referred to on this website may not be suitable for all investors. Investors should seek advice from a financial advisor. Elderstreet does not provide and nothing on this website should be construed as investment or tax advice. If you are in any doubt as to the suitability of these products for you, you should seek independent financial advice. The past performance of VCTs or other investment products is not necessarily a guide to the future performance. The value of an investment may go down as well as up, in which case an investor may not get back the amount invested. The share price of a VCT may not reflect its net asset value. VCT funds often invest in unquoted companies which are small and which carry an above-average level of risk and whose shares may not be readily marketable. The tax reliefs available to certain investors in VCTs are dependent on the VCT maintaining Inland Revenue approval. If this approval is withdrawn, a VCT will lose its status and all tax reliefs are likely to be cancelled. Investors must retain their VCT shares for three years to retain the up-front income tax relief. The tax rules and regulations governing VCT funds are subject to change. Prospective investors in VCTs managed by Elderstreet should ensure that they read the risk warnings set out in the relevant prospectus. Withdrawal of tax breaks: The generous tax breaks are one of the major attractions of VCTs. If the investment is not held for five years or if the VCT does not invest 70% in qualifying investments after three years, the initial tax breaks can be withdrawn. Long-term nature of the investment: Generally, VCTs are considered to be long-term investments. Charges and performance fees: The levels of charges for VCTs may be greater than Unit Trusts and Open Ended Investment Companies. The contents of this website relating to the VCT have been issued for the purposes of section 21 of the Financial Services and Markets Act 2000 by Elderstreet Investments Ltd whose registered office is at 10-11 Charterhouse Square London EC1M 6EH. Elderstreet Investments Ltd is authorised and regulated by the Financial Conduct Authority.
Where there are open offers of VCT shares live on the site the Offers are not being made, directly or indirectly, in or into the United States, Canada, Australia, Japan or the Republic of South Africa or their respective territories or possessions, and documents should not be distributed, forwarded or transmitted in or into such territories. The New Ordinary Shares have not been and will not be registered under the United States Securities Act of 1933 (as amended) and may not be offered, sold or delivered, directly or indirectly, in or into the United States, Canada, Australia, Japan or the Republic of South Africa.
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. Elderstreet Investments Ltd is authorised and regulated in England by the Financial Conduct Authority. Registered office, 20 Garrick Street, London WC2E 9BT. Registered in England No. 3057805.