Northern 2 VCT Ord

To maximise tax-free capital and income returns to Shareholders by investing in a portfolio consisting mainly of investments in smaller UK companies. The net proceeds will initially be invested in high quality fixed income securities in order to generate income and maintain capital value. Over the period to 31/01/2002, the Trust intend to invest approximately 80% of its net assets in a portfolio covering a wide range of industry sectors while the investments will be structured as to provide a combination of income yield and long-term capital growth. It is envisaged that, by 31/01/2002, the approximate split of the trusts investments will be as follows: - 20% in fixed income securities; - 65% in a spread of well-established unquoted companies (including companies quoted on AIM); and - 15% in early-stage unquoted companies with high growth potential.

Key stats

Management firm  Northern Venture Mngrs Ltd
Domicile  United Kingdom
Fund Administrator  NVM Private Equity Ltd.
Global Branding Name  Northern Venture
12 month yield  10.72%
Fund currency  GBP
Launch Date  1999-04-21
ISIN  GB0005356430
SEDOL  0535643
Manager 1 Name  Tim Levett
Fund Strategy  Other
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  0.01%
Return - 2 Months  0.04 %
Return - 3 Months  0.04%
Return - 6 Months  0.00 %
Return - 9 months  7.59 %
Return - 12 Months  13.22%
Annualized return 24 months  8.63 %
Annualized return 36 months  10.40 %
Annualized return 48 months  10.28 %
Annualized return 60 months  9.66 %
Return 120 months  6.15 %
Annualized return since Inception  4.62%
Return YTD  0.00%

Charges

Initial  0.00 %
Maximum Managment Charge  2.06 %
Exit charge  0.00 %
Performance Fee  9.50 %

Contact

Contact Address  Northumberland House Princess Square
Contact Address 2  NE1 8ER England
Contact city  Newcastle
Contact country  United Kingdom
Fund Admin Group  Northern Venture Mngrs Ltd
Web Address  www.nvm.co.uk
Email contact  new@nvm.co.uk
Phone  0191-232-7068

Price

Last Price Date  2014-07-17
Pre-tax nav  0.77
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  £0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

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