Calculus VCT Half-year Report
- On November 10, 2020
- By GrowthInvest Marketing
Calculus VCT plc
Half Yearly Report for the six months ended 31 August 2020
INVESTMENT OBJECTIVE
The Company’s principal objectives for investors are to:
● invest in a portfolio of Venture Capital Investments that will provide investment returns that are sufficient to allow the Company to maximise dividends and capital growth over the medium to long term;
● generate sufficient returns from a portfolio of Venture Capital Investments that will provide attractive long-term returns within a tax efficient vehicle;
● review and pay the appropriate level of dividends annually taking account of investment returns achieved and future prospects; and
● maintain VCT status to enable qualifying investors to retain their income tax relief of up to 30 per cent. on the initial investment and receive tax-free dividends and capital growth.
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