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Beringea – ProVen VCT Top Up

Beringea – ProVen VCT Top Up

Type: Venture capital trust

Aim: Growth and income by investing in unquoted companies with established revenue streams

Minimum investment: Lump sum £5,000

Closing date: April 5, 2010 for 2009/10 tax year, May 31, 2010 for 2010/11 tax year

Charges: Initial 5.5%, annual 2%, performance fee 20-33% capped at 20% of dividends paid for that year

Commission: Initial 3%, or initial 2.25% plus renewal 0.375%

Tel: 0845 686 0225

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