Aberdeen Growth Opportunities VCT 2 PLC

VCT Home

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

(Opens in new window)

Five year record as at 30 June 2008

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 93.1p (as at 30 September 2008)

Yield on Cost 4.2% tax free on a net purchase price* of 60p

Gross Yield† 5.6%

S Ordinary Share

NAV 96.7p (as at 30 September 2008)

Yield on Cost 3.2% tax free on a net purchase price* of 70p

Gross Yield† 4.3%

*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

1.5p - 20 May 2008

1.0p - 17 October 2008

Per S Ordinary Share

1.25p - 20 May 2008

1.0p - 17 October 2008

NAV Total Return Performance

Ordinary Share

NAV Total Return 95p
2005*

NAV Total Return 103.6p
2008

Increase 8.3%

S Ordinary Share

NAV Total Return 95p
2007**

NAV Total Return 98.95p
2008

Increase 3.95%

*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 30 June 2008)

S Ordinary Shares in Issue
4,972,459 (as at 30 June 2008)

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

Date of Continuation Vote
2014

Literature

Historical Report & Accounts

Share Portal

This service enables you to easily access and maintain your shareholding online.

Aberdeen Asset Managers Private Equity is the private equity division of Aberdeen Asset Managers Limited which is authorised and regulated by the Financial Services Authority. The information contained in this website does not constitute an offer of, or an invitation to apply for securities in any jurisdiction where such an offer or invitation is unlawful, or in which the person making such an offer is not qualified to do so. We accept no responsibility for the content of any external websites.