Downing Corporate Finance/NVM Private Equity - Northern 3 VCT

Downing Corporate Finance/NVM Private Equity - Northern 3 VCT

Type: Venture capital trust

Aim: Income and growth by investing initially in cash and near cash, including fixed income securities, then in unquoted UK companies including those trading on Aim

Minimum investment: Lump sum £5,000

Charges: Initial 5.5%, annual 2.06%, performance fee up to 1% a year

Closing date: April 5, 2010 for 2009/10 tax year, May 12, 2010 for 2010/11 tax year

Commission: Initial 3% or initial 2.25% plus renewal 0.25% for five years

Tel: 020 7416 7780

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