Downing Distribution VCT 2 plc (DI3O)

Downing Distribution VCT 2 plc (DI3O)

AGM Reports

Downing Distribution VCT2 (DI3O) AGM Report 2011

Downing Distribution VCT2 is the result of several past mergers of poorly performing VCTs, including Pennine AIM VCT and Pennine Downing AIM in which I invested. Like the Rensburg AIM VCT which was covered in the last ShareSoc newsletter, this VCT seems to have suffered the same problems as other AIM VCTs, but it changed its investment policy last year and of course changed name also. This has meant substantial changes to the portfolio as the fund manager refocused and reselected investments ...
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