MAVEN INCOME AND GROWTH VCT 5 PLC (MIG5)

MAVEN INCOME AND GROWTH VCT 5 PLC (MIG5)

Blog posts

Why Companies Don’t Get Struck Off, and Maven VCT5

I have had two listed companies in my last 25 years of investing, that delisted and then became worthless. But the directors refused to put them into liquidation or...

AGM Reports

Maven Income and Growth VCT 5( MIG5)

The 2017 Maven Income and Growth VCT 5 (MIG5) AGM was held on Tuesday April 25th at the Maven London offices, 1-2 Royal Exchange Buildings, London EC3V 3LF, which are conveniently located for Bank tube station. There are currently six Maven VCTs: Maven 2, 3 and 4 were formerly managed by Aberdeen Asset Management, Maven 1 was a former Murray Johnson VCT, Maven 5 was formerly Bluehone VCT and Maven 6 was formerly Talisman First Venture VCT (managed by Seymour Pierce/Cantors). Of ...

Maven Income & Growth VCT 5 Plc (MIG5) AGM 2015

Yesterday I attended the Annual General Meeting of Maven Income & Growth VCT 5 at the Maven offices in London. The VCT has been moving away after years of underperformance from investing in AIM companies (the failed strategy of the old fund manager) to investing in income-producing loan stock (giving rise to a much more cash generative VCT) and private companies. The level of AIM stocks held has reduced from 55% in 2013 to 41% at year end 2014. Approximately 6 investors ...

Maven Income & Growth VCT 5 (MIG5) AGM Report 2012

The Annual General Meeting of Maven Income & Growth VCT 5 took place today at the Maven offices in London. This Venture Capital Trust (VCT) used to be called Bluehone AIM VCT but the board fired the fund manager and changed the investment policy after many years of under performance (as in most AIM VCTs). Under Maven Capital Partners as the new fund manager they are now focussed on private equity investments (details below) and have been getting rid of some ...