A Venture Capital Trust (VCT) is a quoted company which invests in unquoted trading companies. You can buy shares in VCT rather than in the underlying companies, thereby spreading your risk. To encourage investment of this type, various tax reliefs are given by the Inland Revenue if you invest in an approved VCT.
a quoted collective investment vehicle similar to an Investment Trust
a type of Investment Trust, which buys shares in the sort of small business ventures, which would normally attract venture capital
A tax incentivised scheme to encourage investment by individuals in smaller unquoted companies. Click here for further details. Volatility A statistical measure of the variation in returns from an investment. The higher the volatility, the more of a roller coaster ride you are likely to experience but, be warned that volatility can change in the future.
A special type of investment trust on the Stock Exchange designed to provide start up or expansion capital for unquoted companies.
A Venture Capital Trust or VCT is a highly tax efficient UK closed-end collective investment scheme designed to provide capital finance for small expanding companies and capital gains for investors.