View more on these topics

Calculus launches 10th EIS fund

Calculus Capital is planning to raise £10m for its 10th enterprise investment scheme fund.

The fund will invest in six to eight mature qualifying companies over the next 12 months.  It has a minimum subscription barrier of £30,000 and will consider all sectors except retail and software.

Calculus has launched a fund every year for the last 10 years except for 2007 when it deemed the market to be overvalued. 

Chairman Susan McDonald says the market has changed dramatically and EIS investment now offers a valuable pension augmentation and alternative for high rate tax payers.

She says: “Confidence is starting to return to the market so people aren’t paralysed as they were a year ago.  Company valuations are still low so you can get in at a good price.  Taxes are going up so people are looking for ways to mitigate their taxes that are safe and for the first time ever we’re getting a lot of queries about EIS’ as an alternative to pension saving.” 


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm