Fuel Ventures VCT
Risk warning: The underlying investments in unquoted companies can be volatile and have a high risk of failure. In addition, the VCT’s own shares can be difficult to sell even though they are listed on the stock market. This is a long-term investment and you should be prepared to hold your shares for a minimum of five years. Tax benefits depend on personal circumstances and are subject to change. There is no guarantee that a VCT will maintain its qualifying status.
Titan Alternatives has partnered with Fuel Ventures
Titan Alternatives has partnered with Fuel Ventures, to help originate and officially promote a new VCT.
Building on the track record of the Fuel Ventures top-performing EIS funds, comes the launch of the new Fuel Ventures VCT which invests in a more diversified portfolio of tech-enabled businesses.
Fuel Ventures VCT
The VCT, promoted by Titan Alternatives, will focus on investing in top-performing portfolio companies, often co-investing with Fuel Ventures existing EIS funds. The VCT will be able to invest in companies throughout the year rather than being focused on tax year end, whilst offering greater diversification than the existing EIS funds.
Key Information
Current status: Open
Fund type: VCT
Investment goal: Focused on Seed & Series A
Invests in: Marketplaces, Platforms, SaaS
Tax relief available: 30% income tax relief
Key Investment Criteria
Multi-billion pound market opportunities
Exceptional entrepreneurs
Proven and growing revenues
Capital efficient
Highly-scalable
The Fuel Ventures Management Team
Fuel Ventures is a leading early-stage investor in technology in the UK, focusing on scalable companies across marketplaces, platforms, and software (SaaS).
Fuel Ventures is led by entrepreneur Mark Pearson who successfully exited several businesses including MyVoucherCodes and Paddle, a UK company now valued at $1.4bn. He is supported by a proven team of 23 people who have sourced, scaled and exited multiple businesses together.
Fuel Ventures VCT Key Terms
Fund Type: Generalist
Target Raise: £10m
Target Dividend: 4p per share (from 2027)
Minimum Investment Amount: £5,000
Allotment Date: Allocations to the Fuel Ventures VCT for Tax Year 24/25 are open until 29th November 2024
Charging Structure
Existing investors of Titan Alternatives and Fuel Ventures will pay 0% net initial charge.
Industry-first of not charging a performance fee in the first year’s offer.
Full Initial Charge: 5.5%
Early Bird Discount: 3%
Existing Investor & Titan Alternatives Discount: 2.5%
Net Initial Charge for existing and Titan Wealth Investors: 0%
Annual Management Charge: 2%
Performance Fee: 0%
Risk warning
Titan Alternatives Limited (FRN: 974252) is acting as promoter of the Offer and is an Appointed Representative of Sturgeon Ventures LLP (FRN:452811), which is authorised and regulated by the Financial Conduct Authority.
Any decision to invest in the Offer should only be made based on information contained in the prospectus and the Key Information Document (KID). The information provided herein does not constitute advice on investments, legal matters, or taxation. Prospective investors should consult with their own independent financial adviser before making an investment in a Venture Capital Trust (VCT).
Prospective investors should be aware that the Offer is a high-risk investment and they should not invest unless they are prepared to lose the entirety of their investment. In addition, the value of an investment can fluctuate and that they may not get back the full amount they invest. There is no certainty that the market price of the shares will fully reflect the underlying net asset value, that Shareholders will be able to realise their shareholding, or that any dividends will be paid. An investment in a VCT should be viewed as a higher risk, longer-term investment. Investors should be prepared to hold their investment for a minimum of five years in order to benefit from tax relief, with such requirements and benefit subject to future regulatory change.
Fuel Ventures VCT invests in early stage, unquoted companies whose shares can fall or rise in value more than other shares listed on the main market of the London Stock Exchange. The secondary market for VCT shares is generally illiquid and investors may find it takes longer to realise their investment. Tax reliefs available on VCT investments depend on individual circumstances and may change in the future. Tax reliefs also depend on the VCT obtaining and maintaining its VCT-qualifying status.
Past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance and target values may deviate when different parameters apply.
Investors in the Offer will not be covered by the Financial Services Compensation Scheme (FSCS).
