Puma Investments expands Product Range with First EIS

Puma EIS

Highly experienced investment team – successful 17 year track record ·Builds on market leading track record and strategy of the Puma VCTs Diversified portfolio exposure to asset-backed investments across a range of sectors

Puma Investments today announces the launch of Puma EIS, its first EIS offering. Puma EIS will adopt a similar asset-backed investment strategy to that successfully deployed by the Puma VCTs which aims to provide investors with downside protection in a carefully managed and diversified portfolio whilst aiming to deliver the full range of EIS tax advantages.

With a principal focus on capital preservation, Puma EIS will seek to give investors exposure to the earnings of operating businesses with excellent management, whilst offering the protection of asset backing in the form of real estate, stock and contracted receivables. In seeking asset-backed opportunities, Puma Investments will be adopting the same market leading strategy as the Puma VCTs which have so far distributed over £65m in dividends out of £130m raised.

Commenting, David Kaye, CEO of Puma Investments, said: “Over the past year Puma Investments has been looking to build upon its market leading track record within the VCT space and expand its offering. Our asset-backed investment strategy, which has proven to be popular among investors seeking capital preservation, is now available in a suite of tax-advantaged wrappers. Investors in Puma EIS will benefit from the excellent track record of the Puma Investments team as well as an extremely high quality deal flow.”

The EIS service offers individuals 30% income tax relief on investments of up to £1,000,000 both in the current and previous tax year as well as tax free capital gains. Capital Gains made on disposals of other assets may be deferred if they are invested in the EIS service while any loss on Qualifying Companies disposed of within the Service may be offset against income or capital gains in the year of disposal. Investors may also receive 100% Inheritance Tax Mitigation on investments held through Puma EIS for more than two years. It is envisaged that investments in Qualifying Companies will be realised within 3 to 5 years.

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