TP70
TP70 is a Venture Capital Trust (VCT) that gives investors exposure to GAM’s fund of hedge funds, GAM Diversity, at 70% of the normal investment price, due to the tax benefits that only a VCT can deliver.
TP70 provides the tax benefits of a VCT, and innovatively adds exposure to one of the acknowledged leaders of the fund of hedge funds industry.
Investment Strategy
- 70% exposure to Triple Point’s VCT qualifying investments.
- 30% exposure to GAM Diversity GBP.
TP70 aims to have 100% exposure to GAM Diversity for the first two years and then to reduce GAM Diversity exposure to no more than 30% during the third year, the balance being replaced by Triple Point sourced VCT qualifying investments.
VCT Qualifying Investments
TP70 will invest in VCT qualifying investments that offer predictable revenue streams, liquidity and capital security.
TP70 is closed to new investment, having raised over £30m.
Tax treatment depends on individual circumstances and may be subject to change in the future. Past performance is no guide to future performance and you may lose some or all of your capital.