The British Robotics Sidecar Fund

Investment Objective

The British Robotics Sidecar Fund’s investment objective is to invest in and provide support for UK based robotic start-ups. Capable, self-operating machines are increasingly becoming available to help people reduce time spent completing tedious, repetitive tasks. The promise of robotisation within many areas of life suggests that robots may result in a new industrial revolution that potentially will spur on the global economy over future years. Consequently, robotics potentially represents one of today's most exciting investment themes. Over the next five years, the robotics market is forecasted to record compound annual growth rates in excess of 45% with the global market to exceed $200 billion by 2021.

The focus of the Fund is to deliver superior returns to Investors by making targeted investments in promising UK-based robotics and artificial intelligence businesses. The Fund seeks to invest between £25,000 and £150,000 in each Investee Company.

Exit Strategy

The exit strategy of the Fund will be to realise individual investments following the SEIS and / or EIS Three Year Period either via a secondary share sale (to another fund), or trade sale, or IPO. In practice this period could be longer, and since the Fund has an anticipated life of six years Investors may be unable to achieve a return on investments made for their account before that time.

The Investment Manager may consider exiting an investment before the expiration of the SEIS and / or EIS Three Year Period if the growth of an investment has outperformed the market and covers any loss of tax benefit. The Investment Manager may also exit an investment if an Investee Company is the subject of a trade sale.

Fund Manager

Sapphire Capital Partners LLP

The Sapphire Capital Partners LLP team have extensive experience within the alternative investment sphere and act as Investment Manager to several EIS Funds. They have also won several awards within the industry including: Winner, Best Individual - rising star in EIS and SEIS (Boyd Carson, 2016 & Vasiliki Carson, 2017), Highly Commended, Best EIS/SEIS Tax Adviser (Sapphire Capital Partners LLP, 2017) and Winner, Best Company - innovation, newcomer or rising star in EIS and SEIS (Sapphire Capital Partners LLP, 2017).

Investment Adviser

High Growth Robotics Limited (Britbots)

High Growth Robotics Limited is a business mentoring company that seeks to champion the achievements of robotics start-up across the UK. Its services include: consulting on growth strategies; publicity via presentations and articles; and a think-tank on the use of robotics in public policy.

For more information visit britbots.com

Fees

Initial Costs (charged to Investee Company)

One-off initial fee of an amount no greater than 3.9% of the amounts invested into each Investee Company. The Initial Costs payable by Investee Companies are also used to pay for the initial custodian services provided by the Custodian; and research and other services provided by the Mentor.

Annual Charge (charged to Investee Companies)

An annual charge payable to the Investment Manager totalling £12,000 (unless otherwise agreed).

Custodian charge (charged to Investee Companies)

Up to 0.2% p.a. of amounts invested.

Performance Fee

Performance fee charged at 25% on the amount of the increase over and above £1.00 (based on a £1.00 investment) received by investors.

It is noted that the 25% will be split 17.5% to High Growth Robotics Limited and 7.5% to Sapphire Capital Partners LLP.

To the extent that the performance fee is not paid by the Investee Companies, Investors shall be liable for their share of such fee and the Custodian may be instructed by the Investment Manager to transfer cash in an Investor’s Portfolio to the Investment Manager and the Company Mentor to satisfy any outstanding performance fee.

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

Alternative Investment Fund

Target Return

£3 for every £1 invested (total return of £4 per £1 required due to performance fee dilution).

Scheme Strategy

Private Equity SEIS*

*Note that at least 75% of funds invested will qualify for SEIS tax reliefs with the remainder qualifying for EIS relief, thereby delivering at least a 45% income tax rebate on the amount invested

Investment Sector

Technology (robotics)

Target Diversification

8-10 companies of equal weighting

Nominee & Custody Arrangements

Woodside Corporate Services Limited provides both custodian and nominee services