EDGH

Edge Performance VCT – the Worst Show on Earth?

Long suffering shareholders will note that the AGM of this underperforming VCT will be held in London on 11 June. But we’re in for a treat this year - there are not just one, but five meetings in store for us, and there is plenty for shareholders to consider. New performance fees, high general fees for a portfolio mostly in runoff, voting to entrench the manager further, and selective proxy gathering at your expense. There’s something here for everyone – except ...

EDGE VCT – A Trick or Treat pair of RNSs

EDGE VCT released their half year report on 1st November, and there was no treat for shareholders. The results show yet another drop in NAV, with the valuation of each asset either unchanged or virtually unchanged. The drop therefore is entirely due to dividends and running expenses. (Dividends were paid to H holders and only a fraction of the I holders; the rest were left with an empty sweet bag). The H class now has £ 2.27 mio of net current ...