UK’s only passive EIS fund reopens on 11 September
Investors who missed out on March’s fundraise will have another opportunity to invest in the UK’s only passive EIS fund when it is reopened by SyndicateRoom for a two-week window this month.
Fund Twenty8® offers an unprecedented level of portfolio diversification while allowing investors to benefit from up to 30% EIS tax relief. Here’s how it works:
Fund Twenty8® is the first and only fund to invest passively in EIS opportunities and provide a totally new choice for investors. By using an algorithm, the fund automatically builds you a diversified portfolio of at least 28 EIS-eligible early-stage investments, across a broad range of sectors, targeting a return of over 20% IRR including EIS tax relief.
- 28+ EIS-eligible investments per fund
- Unparalleled cross-sector diversification
- Targeted IRR of 20%+
Fund Twenty8® was developed based on industry research into early-stage investment performance by NESTA and Intelligent Partnership, which shows that an early-stage portfolio should contain at least 28 investments in order to have a 95% chance of securing at least one 10x investment.
So far the fund has raised £7.9m from 377 investors. SyndicateRoom is reopening Fund Twenty8® between 11 and 25 September 2018 for two weeks to accommodate investors that missed out on March’s fundraise.
You can find out more about how the fund works and subscribe to updates on SyndicateRoom’s Fund Twenty8 page.
To read more information, click here.
SyndicateRoom is an online equity crowdfunding platform that allows its members to co-invest in high-growth companies with experienced investors including some of the most prominent Business Angels in the UK.