MICAP – MI Capital Research

MICAP – MI Capital Research

The following has been printed solely for on 06 June 2025, and should not be relied upon by any other party
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VCT Performance

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VCT Performance


Below we consider the performance of the VCT funds that are or were recently open in the market, based on the data from their latest annual or interim reports.

Five-year Net Asset Value Total Return


  • The default view is the Net Asset Value Total Return (NAVTR) performance of the VCT over the past five years. This is calculated as the change in the NAV plus any cumulative dividends paid over the period.
  • You can change the period from one year up to seven years using the dropdown menu.
  • Finally, you can also select a VCT on the y-axis to reveal that individual VCT’s performance over its last seven financial years, breaking down its NAVTR into the change in its NAV plus any cumulative dividends paid over the period.

Any VCTs that do not appear below have not raised any funds in the last tax year or have not yet submitted their first set of annual accounts since the relevant share class was launched. 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: The calculations are based on the figures published in the latest annual or interim reports, and not the latest monthly NAV. The NAV total return shows performance which is not affected by movements in discounts and premiums.

NAV Dividends


  • The default view is the Net Asset Value Total Return (NAVTR) performance of the VCT over the past five years. This is calculated as the change in the NAV plus any cumulative dividends paid over the period.
  • You can change the period from one year up to seven years using the dropdown menu.
  • Finally, you can also select a VCT on the y-axis to reveal that individual VCT’s performance over its last seven financial years, breaking down its NAVTR into the change in its NAV plus any cumulative dividends paid over the period.

Any VCTs that do not appear below have not raised any funds in the last tax year or have not yet submitted their first set of annual accounts since the relevant share class was launched. 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.

  Back to overview
  

Please note: The calculations are based on the figures published in the latest annual or interim reports, and not the latest monthly NAV. The NAV total return shows performance which is not affected by movements in discounts and premiums.

NAV Dividends

The MICAP Impact Assessment process is based on the Manager’s answers to our Impact Assessment Questionnaire, which may not be verified or audited by MICAP. The resultant MICAP Impact Scores should not be taken as financial advice or a complete and comprehensive analysis of the risks of investing in the investment, which are usually set out in the Information Memorandum, Prospectus or Brochure supplied by the Investment Manager.

Alternative and unquoted investments are inherently high risk and invested capital is at risk. Tax ramifications may vary depending on the investor's personal circumstances.

Company Information

MI Capital Research Limited (MICAP) registered office address:

Financial Research Centre
Pegasus Way
Haddenham
Aylesbury
England
HP17 8LJ

MICAP is a trading style of MI Capital Research Ltd, a company registered in England and Wales with registered number 08634361.

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Risk Warning

Alternative and unquoted investments are inherently high risk and invested capital is at risk. Tax ramifications may vary depending on the investor's personal circumstances. Please consult our full risk warning on our site for more information.

MICAP does not give investment advice. Access to the platform is restricted to investment professionals such as financial advisers and wealth managers. Persons without such professional investment experience should not log in. Only information produced by an FCA regulated firm and issued or approved as a retail financial promotion should be shared with private investors.

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