Triple Point VCT
Our first VCT - Triple Point VCT plc - was a pioneer of the limited life VCT sector.
Investment Strategy
Recognising that the typical high-growth investments of VCTs included too many capital risks for some investors, Triple Point VCT instead targeted VCT-eligible investments with reduced capital risks.
This strategy created an investment product that offered strong returns (from the tax benefits), but which also offered investors a lower risk VCT investment.
One of the most successful VCTs of 2006, Triple Point VCT closed to new investment in April 2006 having raised £32m.
Exit
Triple Point VCT paid its final distribution to shareholders in April 2010, taking the total value paid to shareholders to 94.01p per share. After all shareholders had exited, the company was wound-up.
Triple Point VCT has been the most successful limited life VCT to date; a
success made possible by its investment model and our determination to return funds to shareholders as quickly as possible in line with the investment strategy.
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.