IFA Magazine: Fund Group Focus

22 Jan 2020 / In the media

By Larissa Adams

Hardman & Co analyst, Dr Brian Moretta's work on NOVA Cofoundery SEIS & EIS fund featured in IFA magazine article.

On the 21st January 2020, Kim Wonnacott for IFA Magazine made reference to Dr Brian Moretta’s due diligence work on NOVA. This comes in Kim’s weekly snapshot looking at some of the tax-efficient investment opportunities to be considered.

Kim mentions,

“The Nova Cofoundery SEIS/EIS Fund allows for co-investment alongside Nova. Their approach has resulted in growth at an average of 83% year on year for 10 years. This level of growth combined with available SEIS and EIS tax reliefs targets investor returns in excess of £5 for every £1 invested.

Nova employ 150+ employees to actively source and grow their portfolio of tech enabled, disruptive companies, all aiming to address problems they believe are worth solving. This aims to provide investors with a portfolio of 20+ companies every year. Their portfolio has seen 83% growth year on year for the past 10 years.”

For the full article, click here.

For the research report, click here.