Citywire for Financial Professionals

Maven Income & Growth VCT 3 (Ordinary Share) MIG3

VCT Generalist

Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Add to Virtual Portfolio | Print page

Estimated NAV


Share Price


Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Maven Income & Growth VCT 3 (Ordinary Share) Price 27.06%
Maven Income & Growth VCT 3 (Ordinary Share) NAV 11.53%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement


Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 57.5 -5.0% 61.00 72.00
28 Feb
100% 4.35%

Discrete performance % over

Fund / BenchmarkJul '15
Jun '16
Jul '16
Jun '17
Jul '17
Jun '18
Maven Income & Growth VCT 3 (Ordinary Share) Price28.58-5.394.45
Maven Income & Growth VCT 3 (Ordinary Share) NAV6.116.12-0.95

Discrete performance over

Discrete Performance

Top 10 Holdings

Torridon Capital 8.18%
Nenplas Holdings Limited 7.97%
Lemac No. 1 Limited 6.78%
SPS (EU) Limited 3.74%
Ensco 969 Limited 3.70%
Crawford Scientific Holdings Limited 3.10%
CatTech International Limited 3.01%
Martel Instruments Holdings 2.82%
Lambert Contracts Holdings limited 2.57%
Vodat Communications Group Limited 2.41%

Sectors weighting

Unlisted Equities 84.70%
Net Current Assets 11.80%
UK Listed 2.90%
FTSE AIM equities 0.60%
  • Investment trust info:

  • Sector VCT Generalist
  • Launch Date 12 Dec 2001
  • Currency GBX
  • Domicile UK
  • Share Price N/A
  • Share Type Ordinary Share
  • ISIN GB0031153769
  • Shares Issued (M) 69
  • Market Capital (£M) 39.59
  • Gross Assets (£M) 41.67
  • Net Assets (£M) 41.67
  • TER (%) 3.63
  • Historic Dividend Yield (%) 4.35
  • Last AGM 11 Apr 2018
  • Next AGM 11 Apr 2019
  • Last Annual Report Date 28 May 2018
  • Next due Report Date 31 May 2018
  • Next due Report Type I/R
  • Objective:

  • To invest in a diversified portfolio of later-stage UK private companies to provide long-term capital appreciation and generate maintainable levels of income for shareholders.
  • Management Group(s):

  • Aberdeen Asset Management
  • Aberdeen Asset Management
  • Maven Capital Partners UK LLP
  • Maven Capital Partners UK LLP
  • Maven Capital Partners UK LLP
  • Managed by:

  • Bill Nixon Start: 10 Jun 2009
  • Management Contract & Fees:

    The Management Agreement will be for an initial period of four years. It may be terminated by either party giving to other not less than 12 months period notice in writing, such notice expiring on or at any time after the end of initial period. The Management Agreement will be terminated in certain other circumstances in which compensation may be due to the Manager. The Manager will receive from the Company a management fee of 2% per annum (plus VAT) in the period ending 30/11/03 and thereafter 2.5% per annum (plus VAT) of the total asset less adjusted current liabilities of the Company. The Manager will provide administrative services to the Company (including the provision of the Manager as secretary of the Company) and will receive an annual fee of £92,000, adjusted annually in line with the UK Retail Price Index, which will be payable monthly in advance. The management fee will be chargeable 20% against revenue and 80% against capital reserves. The administrative fee will be chargeable against revenue. Performance fee if the NAV per Share in a relevant period increases so that it exceeds £1 (less the value of any distributions paid to Shareholders from time to time) plus notional interest thereon at the rate of 8% p.a. (compounding annually), then the Managers will be entitled to an incentive fee equal in value to 20% of such excess. This incentive is in respect of the period to 30 November 2006 and for each subsequent year.

Sorry, this link is not
quite ready yet