Martin Churchill gives Amati VCT Share Offer top marks
Martin Churchill's Tax Efficient Review, which provides one of the most highly regarded independent research services for tax efficient investment products, has given the current Share Offer from Amati VCT the highest rating of any VCT offer this year. The review ranks funds on a number of criteria including strategy, track record, deal flow and costs, and gives Amati VCT a score of 87/100, concluding that it is "Our top rated Aim based VCT".
The review gives a particularly high score of 29/30 to the investment strategy, commenting, "Amati VCT is distinguished amongst AIM VCTs by having a very active non-qualifying investment policy, which allows the manager to 'fill the gaps' left by the kind of investments which typically form the qualifying portfolio. Investments in the booming natural resources markets, or which provide exposure to the rapidly growing economies of China and India are very rare in the qualifying portfolio, and this is made up for in the non-qualifying portion. Non-qualifying investments will normally be co-investments with the manager's open ended CF Amati UK Smaller Companies Fund, which is first quartile in its peer group over 1, 3, 5, and 10 years, and will be in the market cap range of £20-£2bn."
Amati VCT is currently raising £18 million from existing and new investors, to further capitalise on the opportunities in the small and mid-cap market across a range of sectors.
Dr. Paul Jourdan, CEO of Amati commented: "Tax Efficient Review is a highly respected and influential publication, and we are delighted to have been so favourably regarded by the recent edition."
A full copy of the review on Amati VCT can be found on the Company's website: http://www.amatiglobal.com/documents/Amati_AIM_VCT_Tax_Efficient_Review.pdf