Hi.
In this video, we’re going to look at all of the different features
and functionality of the MICAP Fund Finder.
When you log on to MICAP, you’ll see a list of all the open tax-advantaged funds we have listed,
as can be seen by the Open/Evergreen filter here.
And the Open button here.
Next to that, you can also quickly filter the market for Verified listings.
These are listings where the fund manager has committed to keep MICAP up to date
with all the changes to the investment.
Next to that, are all the investments you’re monitoring (more on this later),
and finally any investments you haven’t viewed yet.
On the left-hand side of the screen, you can toggle the type of information you can see.
By default, you can see OFFER DETAILS, which shows the headline details of the investment.
The next section, STATUS, focuses on how long the investment has been raising funds and
how much it’s raised so far - this is especially useful for VCTs which can fill up very quickly.
The next section shows the MICAP Impact Scores for each investment,
with a description of the score visible by hovering your mouse over the heading.
The REVIEWS section shows you whether there’s a MICAP Review available on
the Offer and/or the Manager, and whether it’s already underway.
The APPLY FILTER button here is where you can choose from dozens of filters to reduce
the visible number of investments to a more manageable shortlist.
There’s more on this in our video on how to add, edit, remove and save your filters.
You can sort the list of investments by the headers you see in the black row here.
Here we’ve sorted the shortlist of unlisted Business Relief funds by their annual target return.
This action bar becomes active if you select one or more investments
by ticking their checkboxes on the left-hand side.
To select all investments, simply select the checkbox on the left-hand side of the word “Offers” in the black row.
This will select all of the investments in your list, and will make the actions in the yellow row selectable.
There are a few actions you can choose from in this row,
such as INVEST (which allows you to complete digital application forms into the selected investments),
MONITOR (which sends you email notifications if there are any key changes to the selected investments),
COMPARE FUNDS (which adds the selected investments to a comparison doc),
and ADD TO PORTFOLIO (which adds the selected investments to a sample portfolio).
You can find out more about the Invest, Compare and Add to Portfolio options in other videos.
On the right-hand side of the screen, you can see two buttons: DOWNLOADS and ACTIONS.
The DOWNLOADS button lets you download the latest MICAP Reviews of the Manager
and the investment itself.
You can also download the latest investment documents such as the IM or application form.
The ACTIONS button has a number of handy features. We’ll run through three of them now.
The first two items are Email Promoter and Request Promoter Callback.
These are perfect if you have any case-specific questions that you want to ask about the investments.
Also, by selecting the next item Monitor, you’ll receive email notifications when there are any
significant changes to the investment, such as a change to the investment documents
or a VCT going into its over-allotment facility.
Finally, select the name of any investment on the left-hand side of the screen
to be taken to that investment’s listing page.
From here, you can see over 75 data points on the investment, broken down in the left-hand column
into Offer Details, Investment Details, Tax Details and Fees & Charges.
And in the right-hand column, you have an objective investment summary that’s
perfect for suitability letters, some key dates, the funds raised history,
a section where you can download the latest investment documents and MICAP Reviews,
our Impact Scores, and finally a 500-word summary of the investment written by the investment manager.
Finally, in the top right you have the option to monitor the investment and
an ACTIONS button that lets you email or request a callback from the promoter.
And that's it.
Thanks for watching - we’ll see you in the next video.