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Downing Corporate Finance – Downing Planned Exit VCT 2 & VCT 3 F Share

Downing Corporate Finance – Downing Planned Exit VCT 2 & VCT 3 F Share

Type: Venture capital trusts

Aim: Income and growth by investing initially in cash deposits and secured loans then in asset-backed UK unquoted companies

Minimum investment: Lump sum £5,000

Closing date: April 5, 2012 for the 2011/12 tax year,  April 30, 2012 for the 2012/13 tax year

Charges: Initial 5.5%, annual 1.8% plus additional 0.5% for launch costs including IFA commission, performance fee 3p for each F share plus 20% of returns above 100p for each D share

Special offer: Extra 2% or extra 1% of amount invested in extra shares for existing shareholders in Downing VCTs, extra 1% of amount invested in extra shares for new investors

Offer period: Until December 21 , 2011 and February  17, 2012 for existing shareholders respectively, until December 21, 2011 for new investors

Commission: Initial 2.25% plus 0.25% renewal

Tel: 020 7416 7780



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