Profile data is unavailable for this security.
About the company
British Smaller Companies VCT2 Plc is a United Kingdom-based venture capital trust. The Company’s objective is to maximize total return and provide investors with a long-term tax-free dividend yield whilst maintaining the Company’s status as a venture capital trust. The Company invests in United Kingdom businesses across a broad range of sectors that blends a mix of businesses operating in established and emerging industries that offer opportunities in the application and development of innovation in their products and services. The Company is focused on building a portfolio of investments in early-stage companies. The Company invests in various sectors, including data, tech-enabled services, new media, business services, application software, retail and brands, cloud and devops, and others. YFM Private Equity Limited is the manager of the Company.
- Revenue in GBP (TTM)9.95m
- Net income in GBP4.80m
- Incorporated2000
- Employees0.00
- LocationBritish Smaller Companies VCT 25Th Floor Valiant Building14 South ParadeLEEDS LS1 5QSUnited KingdomGBR
- Phone+44 11 3244 1000
- Websitehttps://yfmep.com/
Profile
| Management group(s) | YFM Venture Finance Limited |
|---|---|
| AIC sector | VCT Generalist |
| ISIN | GB0005001796 |
| Launch date | 12 Apr 2001 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
To maximise Total Return and provide investors with a long-term tax free dividend yield whilst maintaining status of the company as a VCT. The investment strategy of the Company is to invest in UK businesses across a broad range of sectors that blends a mix of businesses operating in established and emerging industries that offer opportunities in the application and development of innovation in their products and services.
Managed by
| David Hall |
|---|
Management & contract fees
Management fee equals to 2.5% of NAV up to GBP 16m, 1.25% of NAV in excess of GBP 16m and up to GBP 26.667m, and 2% of NAV in excess of GBP 26.667m. A Performance fee of 20%. Contract terminable on 12 months' notice.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Gresham House Income & Growth 2 Vct PLC | 8.64m | 3.75m |
| Franklin Global Trust PLC | -2.96m | -4.74m |
| Rockwood Strategic PLC | 13.76m | 11.07m |
| Chenavari Toro Income Fund Ltd | 28.55m | 21.77m |
| Albion Crown VCT PLC | 1.77m | -1.95m |
| ProVen VCT plc | 12.30m | 8.03m |
| Symphony International Holdings Ltd | 42.82m | 52.32m |
| Foresight Enterprise VCT PLC | 6.73m | 1.37m |
| British Smaller Companies VCT2 PLC | 9.95m | 4.80m |
| Baillie Gifford China Growth Trust PLC | 52.56m | 50.20m |
| Blackrock Energy and Rsrcs Incm Trst PLC | -12.36m | -15.34m |
| CT Global Managed Portfolio Trust PLC | 13.47m | 11.79m |
| Diverse Income Trust PLC | 30.50m | 28.69m |
| City of London Investment Group PLC | 53.79m | 14.46m |
| Oryx International Growth Fund Ltd | 18.52m | 14.74m |
| M&G Credit Income Investment Trust PLC | 10.82m | 8.95m |
