Oxford Capital launches Approved EIS Fund

Oxford Capital has launched an Approved EIS Fund to provide investors with the opportunity to claim income tax relief for the 2010/11 tax year. The portfolio will invest in later stage companies in the healthcare, sustainability and communications sectors. It aims to invest prior to a company being sold or floated, giving investors the potential for a significant capital uplift with a three to four year time horizon.

The Oxford Gateway Approved EIS 2010/11 allows investors to benefit from 20 per cent income tax relief on up to £500,000 of capital invested in the current tax year. The fund will only be available for a limited period until 5th April 2011.

The fund also offers additional generous tax breaks, which are increasingly valuable in the face of rising tax bills:

  • Income tax relief at 20% up to £500,000 invested per tax year
  • Unlimited CGT deferral (currently at 28% rate, reducing the initial cost by up to 48%)
  • Tax free gains
  • 100 per cent Inheritance Tax exemption after two years - on unlimited amounts

Ted Mott, chief executive Oxford Capital says:
“Our new Approved EIS gives people a tremendous opportunity to invest in exciting growth companies, while sheltering their capital from Income Tax, Capital Gains Tax and Inheritance Tax.

There are several sectors of the UK economy, such as healthcare, communications and sustainability, where top quality companies are exhibiting tremendous growth. Valuations for many growth companies are low as a result of the recession, yet the best ones are benefiting from strong demand and growing order books. At the same time many large corporations are looking to acquire businesses with proven technology to deliver new products and services. The combination of low valuations, strong revenue growth and growing acquisition demand gives the potential for exceptional capital growth when these companies are acquired or floated on the stock market.”

The Oxford Gateway Approved EIS 2010/11 is only be available until the end of the current tax year and investors seeking to maximize their tax reliefs in the 2010/11 tax year and benefit from the potential for capital growth are encouraged to contact their financial adviser before the end of the tax year.

The Oxford Gateway Approved EIS 2010/11 is designed for private investors with a minimum investment of £25,000, up to a maximum of £2 million. The fund has an initial fee of five per cent and an annual management fee of two and a half per cent. There is a performance fee of 20 per cent of the fund’s net return after 100 per cent return of investors’ capital.

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For further information please contact:

Ted Mott, Oxford Capital Partners 01865 860760
Mike Lord, Lord Public Relations 07831 401 311

Important Information
Your capital is at risk by investing in the above products and you should not consider an investment if you are not able to bear this risk. EIS tax advantages are only available to UK tax resident investors and legislation is subject to change. Oxford Capital does not give tax advice and if you are in any doubt about aspects of the EIS legislation then please contact a tax advisor.

Notes to editors

Founded in 1999 Oxford Capital is a specialist investment manager working on behalf of institutional and private investors. Its focus is on investing in emerging companies around three super-growth themes of communications, healthcare and sustainability. Its expertise lies in accelerating businesses with potential for high growth into global markets.

Oxford Capital currently oversees a portfolio of around 25 companies, many of which have expanded into international markets in Europe, the US, Latin America, the Middle East and Asia.

The firm manages a range of funds designed for private investors, family offices and institutions to access growth capital opportunities and alternative investments. In the UK, Oxford Capital pioneered the tax efficient Enterprise Investment Scheme (EIS) fund which offers a range of tax advantages to investors.

Oxford Capital has offices in the UK and in Switzerland and manages an international network of partners and advisers to support the development of its portfolio companies.

Awards

  • Unquote British Private Equity Awards 2010
    Finalist: Venture House of the Year Award
  • Investor Allstars Awards 2010
    Finalist: Equity Gap Fund of the Year
  • Enterprise Investment Scheme Association Awards 2006.
    Winner: Best EIS Fund Manager
  • Investor Allstars Awards 2006
    Winner: Young Personality of the Year (David Mott)
  • Unquote Private Equity Awards 2005
    Winner: Venture Capital House of the Year

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