Page 11 - Praetura EIS 2019 Fund Information Memorandum
P. 11

Praetura EIS 2019 Fund


                       The Praetura EIS 2019 Fund will provide investors with access to                                 Approved
                       a unique selection of innovative growth companies that have an
                       established proof of concept and commercial viability. It is intended for                         EIS Fund
                       investors who want to achieve capital growth (rather than income) by
                       investing in early-stage, unquoted companies which have the potential
                       to increase in value significantly.                                                                                  Targeting return
                                                                                                                                            of 2x capital
                       The Fund is EIS Approved by HMRC. Investors will be able to claim EIS
                       reliefs with a taxable date matching the date of Fund close. The Fund
                       Manager will invest at least 90% of the Fund in EIS qualifying companies            Seeking to raise        Investments will range from
                       within 12 months of that date.                                                      up to £15 million       £1million to £3 million

                       Praetura invests on behalf of Investors whereby the Investors are the
                       beneficial owners of the shares in the Investee Companies. Each Investor
                       will have an account administered by our Nominee with the Nominee                                        Targeting a portfolio
                       being the registered holder.
                                                                                                                                 of 8-10 companies

                       The Fund is an alternative investment fund (AIF) for the purposes of the
                       Alternative Investment Fund Managers Directive (AIFMD). The Praetura
                       EIS 2019 Fund is not a distinct legal fund and is not considered to be a
                       collective investment scheme as defined in section 235 of the FS&MA.
                       The Fund Manager is authorised to act as a manager of AIFs.
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