Foresight Technology VCT Plc
(FWT Shares)
A unique collaboration between Foresight, a leading Private Equity Investment Manager that has been investing in and growing early-stage companies for 40 years and Fortescue Zero Limited (formerly WAE Technologies), part of a global engineering and zero emissions powertrain business.
NAV Per Share
98.8p
As at 31 March 2024
Foresight Technology VCT (“FWT VCT Share Class") offers investors the opportunity to gain exposure to an exciting portfolio of early-stage companies, developing disruptive technologies with high growth potential. The collaboration between Foresight and Fortescue provides a competitive advantage in sourcing, selecting and scaling portfolio companies, maximising the potential for outsized returns.
Click here to view the regulatory announcements for Foresight Technology VCT Plc - FWT Shares.
Financial Highlights as at 31 March 2024
£32.1m
Total Net Assets
98.8p
NAV per share
Open
for investment
Financial Calendar
| Share Class Launch Year | 2019 |
|---|---|
| Year End | 31 March |
| Annual Report & Accounts Published | July |
| Half Year | September |
| Half yearly report published | December |
| Annual General Meeting | September |
AudioScenic
Year of investment: October 2020
Sector: 3D audio technology
Amount invested: £1.75m
AudioScenic produces immersive 3D audio technology for loudspeaker systems which uses head-tracking technology to revolutionise the way users experience sound. Their developments enable 3D sound to be used in new applications such as in public space kiosks, streaming personalised content and in-car audio entertainment. Since investment, the Company has modified its software for commercial adoption and secured its first design win into a gaming sound bar produced by Razer, one of the world's leading computer and gaming peripherals companies. This product was launched at the Consumer Electronics Show in Las Vegas in January 2023 and received 12 industry awards.
FAQs
The easiest way to submit an application into the fund is through our online portal available for advisers. If you have never logged into the portal please contact clientonboarding@foresightgroup.eu and the team will send you a login link.
- Under ‘Applications’ on the left-hand panel, you can submit an application for each open retail fund.
- You will be required to complete most sections, anything in red is a mandatory field.
- Once you have completed all relevant sections, click ‘Email Form to Investor’.
- The investor will then receive an email informing them that an application has started on their behalf.
- The investor must click on the ‘Complete application’ link, check over the details on the form, tick the investor signature box then click 'Return form to Adviser' (the investor will not need a login link to the portal to complete this).
- You will then receive an email to finalise the application and submit it. You can view your pending and submitted applications under Home.
- You will receive an acknowledgement email once the application has been processed.
If you have any questions about the application process, please email us at clientonboarding@foresightgroup.eu. Please note the portal is currently only available for advisers.
If you have lost your share certificate and require a replacement, you can notify Foresight's investor relations team on 020 3667 8181 or at investorrelations@foresightgroup.eu who will notify the registrar, Computershare, on your behalf.
Computershare will send you an indemnity form to complete and return. They will also notify you of any applicable fees payable, prior to issuing you with a replacement share certificate.
Foresight Solar & Technology VCT Plc pays dividends directly to your bank account, there is no option to reinvest dividends.
Should you wish to update your bank details, please complete this form and return it directly to Computershare or to Foresight's investor relations team at investorrelations@foresightgroup.eu
There are 2 options available for selling your Foresight Solar & Technology VCT Plc shares:
1) Sell them on the open market at any time through a broker, as with any listed stock, or;
2) Make use of the share dealing service offered by our registrars, Computershare, who can be contacted on 0370 703 0084
Important Information
Capital is at risk. The value of an investment, and any income from it can fall as well as rise and investors may not get back the full amount they invest. Venture Capital Trusts (“VCTs”) should be considered longer-term investments and may be higher risk and more difficult to realise than an investment in listed securities. Tax reliefs are dependent on the VCT maintaining its qualifying status and on investors’ individual circumstances. Current tax rules are subject to change. If a VCT loses its qualifying status, tax advantages will be withdrawn from that point. VCTs usually trade at a discount to their net asset value.
Past performance is not a reliable indicator of future performance. Foresight Group LLP does not provide investment, legal, tax or other advice and the information on this website should not be construed as such. We recommend investors seek advice from a regulated financial adviser.
Investors should only invest in Foresight VCTs on the basis of information contained in the applicable Documentation (including any Brochure, Fund Prospectus, Offer Documents, Key Information Documents and Disclosure Documentation) or Terms and Conditions of Investment as appropriate.
Please refer to our Risk Warnings page for full general and specific risk information.