Guinness EIS

Guinness Asset Management

Investment Objective

Portfolio of at least 5 investee companies across a range of sectors with the following target characteristics:

  • Businesses with experienced management teams
  • Businesses with good visibility on future growth
  • Businesses with expanding working capital requirements

Only invest in companies with EIS Advance Assurance from HMRC.

  • Funds invested within 12 months of subscription
  • Next close on 31 December 2018 (quarterly tranche closures)

Exit Strategy

Exit each investment in 4-5 years. Exits are varied – e.g. Trade sale, MBO, leveraged purchase, IPO, liquidation

Fund provider/ Fund manager

Guinness Asset Management: founded by Tim Guinness in London in 2003, along with US sister firm Guinness Atkinson Asset Management Inc.

  • Core areas of expertise: Innovation, Energy, Growth, AIM, and Asia
  • Group AUM: >£1.4 billion
  • EIS & IHT AUM: >£140 million
  • Group staff of 34 in London, 4 in US. Guinness Asset Management 100% owned by employees
  • Guinness EIS launched in 2010. Guinness AIM EIS launched in 2013

Guinness investment team recognised as a leader in its field, with a proven investment track record Long-established business with a strong balance sheet and sound corporate governance

Further information can be found at www.guinnessfunds.com.

Fees

Investment Manager Charges
  • 2% Transaction Fee – charged to Investee Companies
  • 2% Annual Management Charge – charged to Investee Companies
Performance fee
  • 20% of the Portfolio profit received by Investors. This is therefore only incurred once your Subscription has been returned to you
Kuber Specific Arrangements

N/A

For further information please do not hesitate to

contact us on:

+44 (0) 20 7952 6685
info@kuber.uk.com
www.kuberventures.co.uk

Fund at a glance

Scheme Categorisation

The Scheme is structured as an Alternative Investment Fund. The Information Memorandum can be found at guinnessfunds.com

Target Return

£1.25 per £1.00 invested, net of all fees

Scheme Strategy

Generalist growth

Investment Sector

Generalist

Target Diversification

At least 5 investee companies, no maximum

Nominee & Custody Arrangements

Custodian – The Share Centre

Custodian Charges – charged to investee companies

Up to 0.35% transaction charge

£60 annual management charge