Invest in transformative tech companies.
MMC has created a new EIS product investing in the same high-growth transformative tech companies as the existing MMC EIS Fund, but in a structure targeted towards easier tax planning.
The product will be managed by the same team and follow the same investment strategy - to create a portfolio of high-growth transformative tech companies - as the MMC EIS Fund.
However, because of the ‘knowledge intensive Approved fund’ structure, this product will offer certain tax-planning and administrative advantages.
Fund structure highlights
|Fund opens||1st February 2021|
|Fund closes||1st April 2021|
|Deployment||The EIS Fund averages 15 months to fully invest but the shares will all be allotted on 1st April 2021 for tax planning purposes|
|EIS Relief||One EIS5 certificate issued to claim tax relief once the Fund is 90% invested|
|Exit horizon||Exits will occur on a company-by-company basis and are expected from year 4|