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FY 2022-2023 was a bumper year for VCTs.

Sophisticated and complex high-risk tax-sensitive investments in small companies: handle with care
Kidman
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FY 2022-2023 was a bumper year for VCTs.

#582460

Postby Kidman » April 12th, 2023, 9:18 pm

According to Trustnet, last year missed being a record VCT year by only £50m.

"In the tax year for 2022/2023, these trusts took in £1.08bn, the second highest total on record, according to data from the Association of Investment Companies (AIC)."

Will more money chasing deals be bad for pricing?

BusyBumbleBee
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Re: FY 2022-2023 was a bumper year for VCTs.

#582820

Postby BusyBumbleBee » April 14th, 2023, 2:08 pm

Will more money chasing deals be bad for pricing?
Very probably

Was it a good year for VCTs? - probably not. But it was a good year for sales of VCTs

flyer61
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Re: FY 2022-2023 was a bumper year for VCTs.

#582876

Postby flyer61 » April 14th, 2023, 7:42 pm

Exactly.......way to much hype now so have stopped subscribing. Had a great run for 10 years but feel it's time has passed.


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