Skip to main content

Aberdeen Growth Opportunities VCT 2 PLC

 

Welcome

Aberdeen Growth Opportunities VCT2 PLC is a generalist VCT, managed by Aberdeen Asset Managers. 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 10 companies, but Aberdeen prefers to create a larger and more diversified portfolio.

Aberdeen Growth Opportunities VCT 2 PLC is a constituent of the FTSE All-Share Index. It has two classes of share, Ordinary and S Ordinary Shares.

Objective

Aberdeen Growth Opportunities VCT 2 PLC is a venture capital trust which aims to achieve long term capital appreciation, principally through investment in fast growing unquoted and AIM quoted companies in the United Kingdom.

Fund Manager Interview

Bill Nixon, Head of Investment, Growth Capital, discusses the continuing opportunities for VCT investment

Play Video (Opens in New Window)(Opens in new window)

Bill Nixon
 

Five year record as at 31 December 2007

Five year record as at 31 December 2007

Aberdeen VCT News

April 2008
Aberdeen wins Gateway VCT fund mandate after a resounding vote by shareholders
More

October 2007
Aberdeen Income and Growth VCT results – further increases in NAV total return and impressive yields
More

September 2007
Aberdeen Growth VCT I results – increased NAV total return and strong investment activity
More

Aberdeen Growth Opportunities VCT 2 PLC Data

View Current Prices

Ordinary Share

NAV 104.9p (as at 31 December 2007)

Yield on Cost 6.7% tax free on a net purchase price* of 60p

Gross Yield† 2.4%

*On shares acquired as new-issue shares, after initial tax relief

†The yield a higher rate taxpayer would need to achieve on a taxable UK equity portfolio to match yield on cost

Dividends (paid or declared in the last 12 months)

Per Ordinary Share

0.5p - 18 May 2007

2.0p - 24 October 2007

1.5p - 20 May 2008

NAV Total Return Performance

Ordinary Share

NAV Total Return 95p
2005*

NAV Total Return 112.9p
2007

Increase 18.8%

S Ordinary Share

NAV Total Return 95p
2007**

NAV Total Return 97.2p
2007

Increase 2.3%

*New Issue (based on initial value after launch costs)

** New issue (based on initial value after launch costs)

Key Data

Fund Type
VCT

Date of Launch
26 August 2004

Ordinary Shares in Issue
7,835,163 (as at 31 December 2007)

S Ordinary Shares in Issue
4,972,459 (as at 31 December 2007)

Directors
Ian Cormack (Chairman), Martin Gilbert, Malcolm Graham-Wood, Andrew Lapping, Bill Nixon, Steven Scott

Date of Continuation Vote
2014

Literature

Share Portal

Capita shareportal