EIS/SEIS Performance

Below we consider the performance of the EIS/SEIS funds in the market today, based on the data supplied by the relevant managers.

Please note: where a specific fund does not appear below, it is because the manager has decided not to make the fund’s performance data available to MICAP subscribers.

Realised and Unrealised Returns Since Inception

The default view is the performance of all investments made by the funds since inception, but you can change the view to see the performance of all investments made by the funds in a specific tax year.
You can select whether the chart displays the performance of the funds based on realised exits only (with all unrealised investments held at cost), or you can include revaluations of unrealised investments only where there has been a new funding round into that company, or you can include all internally-calculated revaluations of investee companies (the default view).
You can also select whether you want to view the data as a Multiple of Money (MoM) or in terms of the amount invested by the fund.
Finally, you can select a fund on the y-axis to reveal that individual fund’s performance broken down by tax year.

Professional Licence subscribers can see the funds’ names on the graph below, and can hover over the data on the chart to see a breakdown of that data.

Please note: where Internally-Calculated Valautions and/or Price-of-Recent-Investment Valuations have been hidden from the chart below, we assume that those holdings are held at cost.

Where a fund has facilitated a partial exit of a holding, the remaining holding will always be shown at the latest valuation as supplied by the relevant manager, regardless of any Valuation Methodology filters applied above.

Total Investment	Realised	Unrealised

Below you can see the total number of exits at or above par facilitated by each EIS/SEIS fund vs the total number of investments made by that fund. This includes partial exits where the aggregate exit proceeds and unrealised value of the remaining holding is at or above par.

Each dot represents an individual fund. The size of the dot represents the stage of company (seed, early or later) that the fund targets, and the colour of the dot represents the sector the fund primarily targets.

Professional Licence subscribers can hover over an individual dot to find out more about that particular fund.

Number of Investments vs Number of Exits at or Above Par

General Enterprise	Technology	-2	General Enterprise/Technology/Pharmaceuticals & Biotechnology	Pharmaceuticals & Biotechnology

Below you can see the total number of below-par exits (including liquidations) facilitated by each EIS/SEIS fund vs the total number of investments made by that fund. This includes partial exits where the aggregate exit proceeds and unrealised value of the remaining holding is below par.

Professional Licence subscribers can hover over an individual dot to find out more about that particular fund.

Number of Investments vs Number of Exits Below Par

General Enterprise	Technology	-2	General Enterprise/Technology/Pharmaceuticals & Biotechnology	Pharmaceuticals & Biotechnology