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About the company
British Smaller Companies VCT2 Plc is a United Kingdom-based venture capital trust (VCT). The Company’s objective is to maximize total return and provide investors with a long-term tax-free dividend yield while maintaining the Company’s status as a venture capital trust. The Company invests in United Kingdom businesses across a range of sectors to create a portfolio 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. It invests in various sectors, including data, tech-enabled services, new media, business services, application software, retail and brands, cloud and devops, advanced manufacturing, and others. YFM Private Equity Limited is the manager of the Company.
- Revenue in GBP (TTM)11.11m
- Net income in GBP6.69m
- 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) |
|---|---|---|
| CT Global Managed Portfolio Trust PLC | 13.47m | 11.79m |
| abrdn Equity Income Trust PLC | 3.37m | -221.00k |
| Mobius Investment Trust PLC | -3.78m | -6.90m |
| Hargreave Hale AIM VCT PLC | -25.84m | -29.73m |
| Blackrock Energy and Rsrcs Incm Trst PLC | -20.05m | -23.40m |
| Proven Growth and Income VCT PLC | -5.14m | -9.09m |
| Foresight Enterprise VCT PLC | 14.45m | 9.06m |
| Seraphim Space Investment Trust PLC | 7.33m | 3.31m |
| Blackrock Sustnble Amrcn Incme Trst PLC | -7.24m | -9.46m |
| Brown Advisory US Smaller Companies PLC | 11.32m | 9.50m |
| British Smaller Companies VCT2 PLC | 11.11m | 6.69m |
| JPMorgan Japan Smll Cap Grwth & Inm PLC | 7.67m | 4.58m |
| Lindsell Train Investment Trust PLC | 54.00k | -1.83m |
| ProVen VCT plc | 1.01m | -2.86m |
| JZ Capital Partners Limited | -12.57m | -25.26m |
| Symphony International Holdings Ltd | 9.69m | -80.69m |
