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Goldfinch SEIS Fund hits capacity early

By 2nd March 2018 No Comments

Goldfinch SEIS Fund is now fully subscribed and has closed early

We are delighted to announce that Goldfinch SEIS Fund is fully subscribed and is now closed for new subscriptions. The Fund has reached full capacity ahead of the close date of 30th March 2018.

We do however, have the Goldfinch EIS Fund open, from the same experienced and well connected Goldfinch team behind the SEIS Fund.

Allotment date: the EIS Fund will make an allotment before Royal Assent, which is likely to be March 8th. Please call our team on 020 3743 3100 for more details and to check capacity.

Here are 3 reasons why you should consider Goldfinch EIS Fund for your client:

  • Track record – Goldfinch’s first tranche of EIS investors exited in 3 years 7 months, generating a tax-free cash return of £1.23 per £1 invested, excluding tax relief and fees, in November 2017
  • Quicker distribution of EIS3s – the investment strategy focuses on more established projects with commercial visibility, which are already trading, meaning faster EIS3 forms for clients
  • Revenues from sales & distribution – the Fund will invest into one EIS company which will have a range of 8-10 projects across the entertainment industry. Rather than taking production risk, revenues will be generated from post production, sales and distribution

Carry back is available to 2016/17, as the Fund will be making an allotment in the current tax year.

EIS investments are high risk investments, please see full risk warnings.