A Winning EIS Strategy...

...focussed on delivering consistent medium term value growth and strong investment returns, enhanced by the valuable EIS tax reliefs

British Smaller Companies EIS is intending to invest in a portfolio of businesses, investing principally alongside the British Smaller Companies VCT plc, the top performing VCT over 1, 3 and 10 years (Source: Citywire data, to August 2011).

Why we are successful

Our long and consistent track record of success is based on:

• Our experience of investing across multiple economic cycles, when we have consistently made profits for investors
• A team of over 30 investment managers, backed up by a network of 100 plus industry specialists and non executive directors
• Our long experience of picking good investment opportunities and empowering management teams to maximise the value growth of their business and our investment

Past performance of any fund advised or managed by YFM Equity Partners or any of its subsidiary companies is no guide to future performance of the British Smaller Companies EIS Fund. The value of investments may go down as well as up and you may not get back the full amount invested.

Realising each investment we make at a profit is the key to maximising the value of your investment

To qualify for EIS tax relief you are required to hold your investment in each underlying company for a minimum of three years:

• We will therefore select companies where we anticipate a realisation of your investment within a reasonable time period thereafter
• Typically we will choose investments where at the time of investment the holding period is expected to be in the range 3-7 years. However, we will seek to realise investments at the point that maximises investor returns
• Whilst the exact timing of realisations cannot be predicted, historically the median holding period for British Smaller Companies VCT plc investments has been 6 years

Tax rules can change over time and any benefit will also depend on individual circumstances, on investors retaining their investments for a three year period and on investee companies maintaining their qualifying status. Please refer to the HM Revenue and Customs website for further guidance on the tax reliefs available on EIS investments.