Nova Cofoundery SEIS & EIS Fund is a fund that aims to invest in 10 companies that are eligible for SEIS or EIS relief. The target return for each investee company is a three-year return of £1.72 before tax relief for each £1 invested (although investments are expected to be held for an average of six years). Returns will be focused on capital gains and investors are unlikely to receive any dividends. The aim is for the assets to be invested as soon as possible after receipt.
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