Published: September 18, 2025 at 8:07 am
WealthClub’s Northern VCTs have launched a new offer to raise up to £50 million, including a £15m overallotment.
Managed by Mercia, the trusts benefit from a strong regional footprint, with over half of portfolio companies based outside London and the South East.
Over the five years to June 2025, the VCTs delivered an average net asset value total return of 45.9% and target annual dividends of 4.5%–5.0% of net asset value.
With £416.2m in net assets and a diversified portfolio of around 65 companies, the trusts aim to provide investors with exposure to high-growth UK businesses, while offering attractive tax benefits.