Venture Capital Trusts


Cavendish Online charges a one-off fee of £35 to set up your VCT and we will re-invest ALL commission back into your plan or rebate it back to you.

The usual commission paid to an IFA is between 2-3%. Cavendish Online re-invests all this commission leaving you with a lot more money within the product.

For more information on moving an existing VCT to start receiving trail commission please click here


How to Apply

Select the VCT from the list below and post the following to us;

  1. Completed application form
  2. Client Declaration
  3. Money Laundering information. Click here for more details.
  4. Fee of £35 (cheque payable to Cavendish Online Ltd or Pay Online)
  5. Please ensure that we receive your application at least one day before the deadline. This will allow us time to process your application and forward it on to the VCT provider.

 Please post the above to us at either of the addresses listed below;


FREEPOST, CAVENDISH ONLINE

or with a stamp to

Cavendish Online, 20 Cathedral Yard, Exeter, EX1 1HB
(you may want to use this address if the deadline for the VCT is within the next week as the FREEPOST service can sometimes take more than one week to reach us)

If you do not see the product you require please email admin@cavendishonline.co.uk or telephone (03456 442544) and our customer services team will send you the relevant form.

Current Products:

Provider / ProductMinimum Investment Standard Initial ChargeCavendish Initial charge*100% Trail Commission Refund*FormsExpected Closing Date
Amati VCT £3,000 3% 1%
(SAVE 2%) 
0.375% Prospectus & Application Form July 2017
Downing Four VCT - Healthcare £5,000 4% 1%
(SAVE 3%) 
See point 2 below 
0.25% Prospectus & Application Form April 2017
Downing Four VCT - Generalist £5,000 4% 1%
(SAVE 3%) 
See point 2 below 
0.25% Prospectus & Application Form April 2017
Elderstreet VCT £6,000 5.5% 1%
(SAVE 4.5%)
See point 3 below 
0.25% Prospectus & Application Form May 2017
Foresight VCT £3,000 5.5% 2%
(SAVE 3.5%)
See point 4 below 
0.5% Prospectus & Application Form August 2017
Hargreave Hale AIM VCT 1&2 £5,000 3.5% 1.5%
(SAVE 2%)
See point 5 below 
0% Prospectus & Application Form November 2017
Octopus AIM VCT £5,000 5.5% 2%
(SAVE 3.5%)
See point 6 below 
0.5% Prospectus & Application Form April 2017
Octopus Apollo VCT £5,000 5.5% 2%
(SAVE 3.5%)
See point 6 below 
0.5% Prospectus & Application Form November 2017
Octopus Titan VCT £3,000 lump sum or £1,000 per month 5.5% 1%
(SAVE 4.5%)
See point 7 below 
0.5% Prospectus 
&
Application
Form 
August 2017
Pembroke VCT £3,000 5% 0%
(SAVE 5%)
See point 8 below 
0.5% Prospectus & Application Form November 2017
Triple Point VCT £5,000 5% 1.5%
(SAVE 3.5%)
See point 9 below 
0.5% Prospectus & Application Form April 2017 

The rates above have been checked with the VCT providers but are subject to change.

 

1 - Albion - Includes an 'Early Bird' discount of 1% for existing shareholders of this VCT or 0.5% for new shareholders if the application is received by Jan 30th 2017.

2 - Downing - Includes an 'Early Bird' discount of 1.0% for applications received by Jan 19th 2017 or a 0.5% 'Early Bird' discount for applications received between Jan 20th 2017 and March 2nd 2017.

3 - Elderstreet - Includes an 'Early Bird' discount of 2.0% for applications received by Jan 30th 2017 or a 1.5% 'Early Bird' discount for applications received between Jan 31st 2017 and Feb 27th 2017.

4 - Foresight - Includes a 0.5% Loyalty Discount for existing holders of the Foresight VCT.

5 - Hargreave Hale - Includes a 1% early bird discount for applications received by Feb 9th 2017.

6 - Octopus AIM and Apollo - Includes a 1% Loyalty Discount for existing holders of any Octopus VCT.

7 - Octopus Titan - Includes a 1% 'Early Bird' discount for applications received by Dec 12th 2016 and a 1% Loyalty Discount for existing holders of any Octopus VCT.

8 - Pembroke - Includes a 2% 'Early Bird' discount for applications received by Jan 12th 2017 or a 1% 'Early Bird' discount for applications received between Jan 13th 2017 and March 2nd 2017.

9 - Triple Point -  Includes a 0.5% 'Early Bird' discount for applications received by Dec 20th 2016 or a 0.25% 'Early Bird' discount for applications received between Dec 21st 2016 and 19th January 2017.



* This shows the initial charges you will pay using Cavendish Online compared to going direct. We will take no initial commission and instead charge a one-off fee of £35. With regards to trail commission, if any is payable, you will be entered into our Cashback Service. Cavendish Online will take an annual fee of £10 and the rest of the commission will be rebated back to you. If you hold the VCT outside of an ISA then we will deduct basic rate income tax from this payment.

Some VCT providers for example will offer a commission structure of 3% initial commission discount and no trail OR 2.5% initial commission discount plus trail. When this happens, Cavendish Online will choose the first option unless clients specify that they would prefer the second option.

The rates above have been checked with the VCT providers but are subject to change.