Registered Office of British Smaller Companies VCT2 plc: 5th Floor Valiant Building, 14 South Parade, Leeds LS1 5QS. Registered No: 04084003. Corporate Governance: A full section on corporate governance is available in the latest BSC2 Annual Report which can be found in the Investor Information section of this website.
Terms and conditions of use
Before entering the website please read the important information below and confirm that you have read and understood to this by clicking on the “I agree” button at the bottom of the page.
The investments referred to on this website may not be suitable for all investors. YFM Private Equity Limited and its subsidiary companies (‘YFM’) are not able to provide advice on the suitability of any investment for an investor in any of the funds which we advise or manage. Nothing on this website should be construed as investment or tax advice. Potential investors are recommended to seek specialist independent tax and financial advice before investing in any fund advised or managed by YFM.
It is not intended that anything stated in this website should be construed as an invitation to treat or an offer for you to engage in any investment activity. An investment into any of the funds advised or managed by YFM may only be made on the basis of the information set out in the respective prospectus or investor guide.
Past performance of any fund advised or managed by YFM is no guide to future performance and may not be repeated. The value of investments and the income derived from them may go down as well as up and you may not get back the full amount invested. Tax rules and regulations can change over time and any benefit will also depend on individual circumstances, on Investors retaining their investments for the relevant period and on the companies invested in retaining their qualifying status.
The information on this website is directed at United Kingdom residents only and funds referred to on this website will not be offered to non-residents.
YFM has taken all reasonable care to ensure that all the facts stated in this website are true and accurate in all material respects, and that there are no other material facts or opinions of which we are aware that have been omitted where the omission of such would render this website misleading.
Venture Capital Trusts
Investors must retain their VCT shares for five years to retain the up-front income tax relief. Please remember that the tax rules and regulations governing VCTs are subject to change. The tax reliefs available to certain investors in VCTs are dependent on individual circumstances as well as the VCT maintaining HM Revenue & Customs approval. If this approval is withdrawn, a VCT will lose its status and all tax reliefs are likely to be cancelled.
The share price of a VCT may not reflect its net asset value. There is only a limited secondary market for shares in VCTs which may render such shares difficult to sell as they may not be readily marketable. VCTs invest in unquoted and AIM-quoted companies which are therefore smaller and carry a higher level of risk than shares which are listed on the main market of the London Stock Exchange. The shares of VCT investee companies may not be readily marketable. Before making an investment, ensure that you have read and understood the risk warnings set out in the VCT prospectus. An investment in a VCT should be regarded as a long-term investment. Please read our Risks section for more details on the risks involved in investing in our VCTs.
The contents of this website have been issued and approved for the purposes of section 21 of the Financial Services and Markets Act 2000 by YFM Private Equity Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number 122120.
I have read and understood the information set out in the Terms and Conditions of Use