We do not charge any initial set-up fee or management fee to the investor. There is only a performance fee of 20% which occurs only once on original investments that return over 150%. You can find out about all the fees here.

The minimum individual investment in the Fund is £10,000, although that can be spread throughout a year through monthly instalments. At our Investment Manager’s (Sapphire Capital) discretion, smaller individual investments may be accepted.

The targeted return after three years is £1.72 for each £1 share held by investors in the Fund and does not include any deduction for performance incentive fees or include any SEIS & EIS tax reliefs. Please note that this return is not guaranteed.

Depending on when you invest, you may need to file and pay your tax return. We provide you with your SEIS3 which allows you to claim the tax relief from HMRC. If you invest with EIS or SEIS, you can claim relief up to 5 years after the 31 January following the tax year in which you made the investment. Carry back is possible on all or part of the income tax relief to the preceding tax year, assuming there is some left over from the current tax year.