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Profile
| Management group(s) | Praetura Ventures LLP |
|---|---|
| AIC sector | VCT Generalist Pre Qualifying |
| ISIN | GB00BL690L89 |
| Launch date | 14 Jun 2023 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
To provide investors with the opportunity for capital appreciation and a positive return on investment over the long term by investing growth capital into scalable businesses predominantly situated and/or servicing the North of England which meet the investment criteria outlined below under the heading ‘Asset Allocation’.
Managed by
| David Foreman |
|---|
Management & contract fees
The manager will receive an annual management fee calculated at the rate of 2% p.a. of NAV payable quarterly in arrears. A performance is also payable equal to of the amount by which the performance value per Share at the end of an accounting period exceeds the high water mark.
