RISK WARNING
All VCT, EIS, SEIS, and Business Relief qualifying investments are high risk and are not suitable for most clients. They are illiquid investments and Investors’ capital is at risk.

Deepbridge Technology Growth EIS

Investment Objective

The Deepbridge Technology Growth EIS represents a compelling opportunity for private investors to participate in a selected portfolio of innovative growth companies, taking advantage of the significant tax benefits available under the Enterprise Investment Scheme.

The EIS focuses principally on three sectors: Energy and resource innovation; Medical technologies; and Business enterprise and other high growth IT-based technologies. The Deepbridge Technology Growth EIS is not an unregulated collective investment scheme.

Key benefits
  • An engaged hands-on approach from an experienced investment management team;
  • No manager fees levied on subscriptions received via a financial adviser;
  • All EIS tax advantages applicable;
  • Target return of 22.9% p.a. over a minimum of 3 years;
  • Performance fee aligned to the investors interests.

Exit Strategy

The Deepbridge team considers flexibility to be key, therefore will assess any opportunity to capitalise on exit opportunities, notwithstanding the 3 year EIS period, if an early exit is in investors’ best interests. In any event, by the end of the initial three-year period, if not before, the investee companies should have established revenue streams supported by a three-year track record. As such, Deepbridge believes that either a sale of the investee companies, or a sale or refinancing of the assets owned by the investee companies, will enable funds to be returned to Investors.

Exit events will be sought at the earliest opportunity after the third anniversary of the investment made.

Fund Manager

AUM: £166m
DATE OF FCA AUTHORISATION: 03 December 2020

Fees

Fee typeFees charged to the
investor
(including VAT)
Fees charged to Investee
Companies (including VAT)
Initial Feen /a6.00%
Annual Management Feen /a2.40%
Performance Fee20%*n/a
Other Fee Informationn /a0.50% - Custodian Fee

*Performance Incentive Fee: Once the investor has received in cash the first 120 pence per 100 pence invested (ignoring any tax relief and representing a 20% hurdle rate on funds invested).

For further information please do not hesitate to contact us on:
+44 (0) 20 7952 6685
info@kuberventures.com
www.kuberventures.co.uk

Fund at a glance

Scheme Categorisation

Alternative Investment Fund

Launch Date

21 March 2012

Scheme Strategy

Private Equity

Investment Sector

Technology

Target Return

£1.60 for every £1 invested

Target Diversification

3 - 8 investee companies

Nominee & Custody Arrangements

Custodian: Woodside Corporate Services Ltd

Nominee: WCS Nominees Ltd