TP5

TP5 is a Venture Capital Trust (VCT) that in addition to the VCT tax benefits offers exposure to a LIBOR plus portfolio or GAM Diversity 2.5XL.

TP5 has two share classes - Ordinary Shares and B shares. While both share exposure to VCT qualifying investments, each has its own strategy for the non-VCT qualifying investments component.

Ordinary Share Class

TP5’s Ordinary share class has exposure to a portfolio of monetary assets, fixed interest securities and bonds managed and advised by Goldman Sachs Asset Management, a LIBOR plus portfolio. Initially the share class has 100% exposure to this portfolio, reducing to 30% by the end of TP5’s third year.

B Share Class

Following the merger of TP70 2009 with TP5 in September 2009, the B share class was created. This retains the original investment strategy of TP70 2009 - 30% exposure to GAM Diversity 2.5XL and 70% exposure to Triple Point’s VCT qualifying investments.

VCT qualifying investments

TP5’s strategy is to build exposure to Triple Point VCT qualifying investments of at least 70% by the end of the third year. Our VCT qualifying investments are designed to offer predictable revenue streams, liquidity and capital security.

TP5 (Ordinary shares) closed to new investment in June 2009 having raised over £18m. TP70 2009 (now TP5 B shares) closed to investment having raised over £3m.

Tax treatment depends on individual circumstances and may be subject to change in the future. Past performance is no guide to future performance and investors may lose some or all of their capital.