Maven Income and Growth VCT 3
Welcome Maven Income and Growth VCT 3 is a generalist VCT, managed by Maven Capital Partners. The manager aims to invest the VCT portfolio in up to 70 companies, typically putting no more than 3% of the fund into any one holding. Some VCTs invest in as few as ten companies, but Maven prefers to create a larger and more diversified portfolio. Maven Income and Growth VCT 3 has one class of share. Objective Maven Income and Growth VCT 3 aims to achieve long-term capital appreciation and generate maintainable levels of income for shareholders. Ordinary Share
NAV 77.4p (as at 30 November 2009) Yield on Cost
5.0% tax free on a net purchase price* of 80p Yield on Cost
7.9% tax free on a net purchase* price of 60p *On shares acquired as new-issue shares, after initial tax relief available †The yield a higher rate taxpayer would need to achieve on a taxable UK equity portfolio to match yield on cost C Ordinary Share On 28th Feb 2009 each C Share converted to 1.18 ordinary shares. Prior to conversion, holders of C ordinary shares had received dividends of 4.2p. The cost of investment per C ordinary share, taking account of initial tax relief, was 60p per share. Stock Exchange Announcements
You can access the latest London Stock Exchange announcements forMaven Income and Growth VCT 3 here. Maven Capital Partners VCT Newsletter Read our latest VCT newsletter here. | Dividends (paid or declared in the last 12 months) Per Ordinary Share 2.5p - 26 May 2010 1.5p - 25 August 2009
| NAV Total Return Performance Ordinary Share NAV Total Return 96p 2004
NAV Total Return 95.85p 2009
Decreased 0.15%
C Ordinary Share NAV Total Return 95p 2006*
NAV Total Return 100.9p 2009**
Increase 6.2%
*New Issue (based on initial value after launch costs) **Re-stated to reflect conversion to Ordinary Shares. | Key Data Fund Type VCT
Date of Launch 27 September 2001
Ordinary Shares in Issue 27,455,690 (as at 9 March 2010)
Each C Ordinary Share converted to 1.185 Ordinary Shares on 28 February 2009
Directors
Date of Continuation Vote Tenth AGM and thereafter at 5 yearly intervals | Literature
| Circular & Proxy Form
| Share Portal This service enables you to easily access and maintain your shareholding records online.
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