Nova Cofoundery SEIS & EIS Fund is a fund that aims to invest in 10 companies that are eligible for SEIS or EIS relief. The target return for each investee company is a three-year return of £2.18 after tax relief for each £1 invested (although investments are expected to be held for 5-7 years). Returns will be focussed on capital gains and investors are unlikely to receive any dividends. The aim is for the assets to be invested as soon as possible after receipt.
Performance fee: 20% on gains over a return of 150% of total capital invested.
Download the full report
If you'd like to be introduced to the team at Nova Managers Limited/Sapia Partners LLP, get in touch.Request a meeting