Please read this important information and click on the “I agree” button at the bottom of the page to indicate you understand and agree to this Disclaimer Notice (together with the Privacy Policy and Terms And Conditions (and all documents referred to in them)) (“Disclaimer Terms”). You must click on “I agree” button before accessing the rest of the Site.
If you do not agree to the Disclaimer Terms, please do not click on “I agree”.
The Mobeus VCTs are advised by Gresham House Asset Management Limited (GHAM) which is authorised and regulated by the Financial Conduct Authority (“FCA”) (reference number 682776).
GHAM is a private limited company registered in England and Wales under company number 09447087 and has its registered office at 5 New Street Square, London, United Kingdom, EC4A 3TW. GHAM’s main trading address is at Gresham House, 5th Floor, 80 Cheapside, London EC2V 6EE. References in this Disclaimer Notice to “Gresham House” “we”, “us”, or “our” are to Gresham House Asset Management Limited.
General information
This material is provided for informational purposes and is directed only at persons in the UK. It is not to be regarded as an offer or invitation to buy or sell an investment nor does it solicit any such offer or invitation. All information, views, prices or projections are subject to change without notice. Persons resident in jurisdictions other than the UK should consult their professional advisers as to whether they require any governmental or other consent or need to observe any formalities to enable them to invest in the products described in these pages.
An investment into any of our products may only be made on the basis of the information set out in the respective prospectus or product brochure. It is not intended that anything stated in this Website should be construed as an offer, an invitation to treat or an inducement for you to engage in any investment activity.
Gresham House is not able to provide advice on investors' suitability for an investment in any of our products. Opinions expressed on this Website represent the views of Gresham House at the time of publication. These are subject to change, and should not be interpreted as investment advice.
It is the responsibility of investors to satisfy themselves that any investments made from the information in this web site are suitable for them and applications may be made only on the basis of, and using the appropriate application forms. If you are in any doubt as to the suitability of these products for you, you should seek independent financial advice.
Risk Factors
When investing in financial products, there are various risk factors to consider, which will vary based upon the nature of the product and the investors circumstances. Generic risk factors to consider include, but are not limited to, the following:
Past performance is no guide to future performance and may not be repeated. The value of investments and income from them may fall as well as rise and investors may not get back the amount originally invested.
Tax assumptions are subject to statutory change and the value of tax reliefs will depend on your individual circumstances.
Exchange rate changes may cause the value of overseas investments to rise or fall.
Investing in smaller companies can carry greater risks than those usually associated with large capitalisation companies.
Venture Capital Trusts
In relation to VCTs, the following generic information is provided. This should not be considered as a comprehensive explanation of the characteristics of and requirements associated with all VCTs and circumstances.
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 and Key Information Documents. An investment in a VCT should be regarded as a long-term investment.
Conflicts of Interest
Conflicts of interest may arise through either Gresham House role and/or the relationships it has with the entities it advises and other parties. Gresham House has a conflicts of interest policy designed to enable it to avoid, manage, mitigate and/or disclose (as appropriate) such conflicts, when they are identified.
Links
Links to other websites and resources provided by third parties are provided for your information only; we have no control over the contents of those sites or resources, and accept no responsibility for them or for any loss or damage that may arise from your use of them. When leaving this website you will no longer be afforded the protections provided by Gresham House Asset Management Limited in accordance with the Financial Services and Markets Act 2000.
Severance
If any provision of this Disclaimer Notice is found to be invalid by any court having competent jurisdiction, the invalidity of that provision will not affect the validity of the remaining provisions of these Terms, which shall remain in full force and effect.
Governing law
This Disclaimer Notice, its subject matter and formation (and any non-contractual disputes or claims) is governed by English law.
Corporate Governance, Compliance with AIC Code, Terms of reference and Policies
Anti-bribery policy
The VCT has adopted a zero tolerance approach to bribery. The following is a summary of its policy:
The VCT will not tolerate bribery under any circumstances in any transaction in which it is involved.
The VCT values its reputation for ethical behaviour and for financial probity and reliability. The Directors are committed to working to the highest ethical standards throughout the business.
The VCT expects and requires each of its service providers to work to the same standard.
A full copy of the VCT's anti-bribery policy and procedures can be obtained from the Company Secretary by sending an email to mobeusvcts@greshamhouse.com.
Corporate governance
The Board recognises the importance of sound corporate governance. It endorses and has adopted the main principles of good corporate governance set out in the Association of Investment Companies Code of Corporate Governance (“the AIC Code”) which addresses all the principles set out in section 1 of the Combined Code, as well as setting out additional principles and recommendations on issues that are of specific relevance to the Company. The Financial Reporting Council (FRC) has confirmed that in complying with the AIC Code the Company will meet its obligations in relation to the Combined Code and paragraph 9.8.6 of the Listing Rules.
The Board considers that the Company has complied with the AIC Code throughout the year ended 30 September 2023. A table providing more detailed explanations of how the Company has complied can be downloaded by clicking here.
