ProVen VCT Company Review & Valuation
About ProVen VCT
To achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of qualifying investments in small and medium sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities and non-qualifying venture capital investments, within the conditions imposed on all VCTs and to minimise the risk of each investment and the portfolio as a whole.
The Company invests in companies at various stages of development, including those requiring capital for expansion and in management buy-outs, but not in start-ups.
Investments are spread across a range of different sectors.
Funds not invested in qualifying investments may be held in cash, liquidity funds, fixed interest securities of A-rating.