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Neptune Investment Management – Neptune-Calculus Income and Growth VCT

Neptune Investment Management

Neptune-Calculus Income and Growth VCT

Type: Venture capital trust

Aim: Income and growth by investing initially in Neptunes income funds, UK shares and money market instruments then in established unquoted companies

Minimum investment: Lump sum 3,000

Closing date: April 1, 2005

Charges: Initial 5.5%, annual 2%

Commission: Initial 3%

Tel: 020 8323 8023


Improve scrutiny of life mutuals- Myners

The Myners review of the governance of mutual life offices includes recommendations that aim to enable external monitors to scrutinise life mutuals more closely and promote better internal scrutiny of management by firm’s boards as well as the role of the FSA.Report author Paul Myners says: “I am not recommending legislation, as the issues identified […]

Spirit of adventure

NOBLE & COMPANYUniVen VCTType: Venture capital trustAim: Growth by investing in spin-out companies from UK universities and other early stage intellectual property-based companiesMinimum investment:Lump sum £2,000Closing date: April 4, 2005 for 2004/05 tax year, June 30, 2005 for 2005/06 tax yearCharges: Initial up to 5.5%,annual up to 3.5%Commission: Initial 3% or initial 2.25% plus renewal […]


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