Maven Income & Growth VCT

[scotia]

I have received an email today from Hargreaves Lansdown announcing a new Offer by Maven Income & Growth VCT. But I can only find a mention to Maven Income & Growth VCT 6 on the HL Website, and the Maven website only mentions the Maven 6 Offer. So I suspect the email is simply a mention of the VCT6 Offer which opened on 9th December. Maybe the Office Party Spirit has affected the usual HL accuracy - or maybe I'm missing something.

[Karellan]

The Maven VCT 6 top up offer has just fallen through my letter box - perhaps its all part of a concerted marketing plan.

[127tolmers]

The Maven letter is quite clear that the MIG6 offer is the only Maven VCT raising funds this season.

p28 of the prospectus spells out the key details; 2.5% mgt fees, performance fee of 20% with no escalating threshold and cost cap of 4.1%.

They are raising up to £8m on a fund of £16m which (see p10) has just raised £14m. At 30 Sept there were only £4m of investments and £12m of cash.

http://www.investegate.co.uk/maven-incg ... 02488616Q/

[scotia]

The Maven letter is quite clear that the MIG6 offer is the only Maven VCT raising funds this season.

Yes - it certainly looks like Maven 6 is the only offer. But the email from HL had no number 6, so I thought it was advertising a new offer by Maven Income & Growth (i.e. Maven 1). Then when I checked the HL Site, I could see only Maven 6
I certainly would consider Maven 1 to 5 - but Maven 6 was tiny and is growing in great chunks - so it has all the hallmarks of a new start up. I would much prefer investing in a more mature portfolio.

[sinterklaas]

It's definitely MIG6

If interested there is a Ben Yearsley review of it here:

https://www.wealthclub.co.uk/venture-ca ... h-vct-plc/