VCT - which ones

Extractthecash

Anyone got any good views on VCTs or knows of any good websites with information?

I bought Keydata Income last year and I'm a little dissappointed in the fact that they seem to have invested most of their cash in one wind farm in Scotland. I know that VCTs are supposed to be high risk but it seems a little excessive. Also it could have probably got a better return for investors with a higher debt gearing which leads me to worry about whether they obtained sufficient wind data before investing. Think making a seperate company for each turbine was not in the spirit of why VCTs have an investment cap..

Oh well rant about Keydata income over (haven't looked into it in great detail, so probably not 100% accurate info above, it was just my skim reading of their investment RNS, sure someone here will put me right if I'm off track on how I read it).. The tax year is ending, I'm looking for another VCT, not investing a lot, so prob near the minimum, but wondering if people have any views on a good one?

I'm investing completely on the tax advantages so will be looking to exit (if possible) after 3 years. I therefore figure I need one that produces a reasonable yield so that the discount to Net Asset Value hopefully won't be too great. Thoughts at the moment are Close Technology & General VCT..

Anyone any suggestions (besides to obvious don't do it its too risky)..

Cheers

cheerfulcat

The Motley Fool has a board dedicated to VCTs here. I think that they are too risky, personally; partly from the investments, but also because they can have their tax-relieved status removed if they do not adhere strictly to the rules and some of the managers seem to be, um, pushing it. They're also horribly illiquid. Good luck, anyway.

HTh

Cheerfulcat

Extractthecash

Cheers,

Thats really useful. Just in the process of joining the fool now...