What are the minimum and maximum investment amounts?
The minimum and maximum subscriptions that can be made by any individual into the Symvan funds are as follows:
SEIS: Minimum £10,000 and one can only claim relief on subscriptions of up to £100,000 in any tax year
EIS: Minimum £20,000 (subject to the Manager's discretion) and one can only claim relief on subscriptions of up to £1 million in any tax year
What fees are paid by investors in the SEIS and EIS funds?
Symvan's tax-efficient funds do not charge any upfront fees to investors.
A performance fee is payable on profits at the time of exit.
What are the expected closing dates for your funds?
Both SEIS and EIS funds are evergreen. This means we make investments throughout the year and from one tax year to the other.
Can I invest directly or do I need a financial adviser?
You can invest directly.
However, if you are in any doubt you should contact an independent financial adviser or other professional adviser authorised under the Financial Services and Markets Act 2000 who specialises in advising on investments of this type.
When was the Enterprise Investment Scheme launched?
The EIS was introduced by the UK Government in 1994 to help small UK companies raise capital from private investment. For more detail about EIS and SEIS please refer to our dedicated pages on SEIS & EIS.
Are EIS investments suitable for any investor?
No.
SEIS and EIS investments are aimed at experienced investors. They should not be used as a single investemnt but rather form a small part of a wider investment portfolio.
Please our
Risk Warning page for more information.
When can I expect to get my money back?
The minimum investment timeframe for SEIS and EIS is three years during which if you dispose of your shares you will have to repay any relief you have already claimed.
An exit from any investment company may only occur when the company is sold, liquidated, or floated on an exchange. It is also possible that you may not get all your money back at all.
Please see our
Risk Warning page for more information.
What are the benefits of EIS?
The Enterprise Investment Scheme (EIS) has been designed by the Government to encourage private investment into small high risk trading companies by offering a range of tax incentives.
Providing the underlying investments made by the EIS are held for at least three years (for Income Tax relief and tax free growth), the current tax reliefs available are:
- 30% upfront income tax relief up to maximum investment of £1 million, which can be carried back to the previous tax year
- 100% inheritance tax relief (provided the investments are held at time of death)
- Capital Gains tax deferral for the life of the investment
- Tax-free growth
- Tax relief from investment losses
For further detail please see ourdedicated pages on
SEIS & EIS.
How can one apply to subscribe to your funds?
In order to apply you need to read the relevant Information Memorandum that will explain all you need to know about the investment and complete and return the respective application form.
In order for us to provide you with the Information Memorandum please first provide us with requested details at our
dedicated page here and we shall be in touch.
