| Scheme | Type | Closing date |
| Downing Income VCT 3 | VCT | 29 June 2012 |
| Downing Planned Exit VCT 2 & 3 - F Share Offer | VCT | 29 June 2012 |
| Downing Structured Opportunities VCT 1 - D Share Offer | VCT | 29 June 2012 |
| Downing IHT Income Fund 4 LLP | IHT | 29 June 2012 |
| Downing AIM IHT Portfolio Service | IHT | - |
| Downing Growth EIS Fund 3 | EIS | 29 June 2012 |
| Downing Pub EIS Fund 1 | EIS | 29 June 2012 |
| PFS Downing Active Management Fund | OEIC | - |
Downing has produced this document to provide a brief outline to claiming tax relief after making an investment into a VCT: Downing's Guide to Claiming Income Tax Relief on VCTs
This Downing Guide to VCTs has been prepared to provide an introduction to VCTs and, in particular, the related tax reliefs and how to claim them. The risks of investing in VCTs, their performance, the different types of VCTs and how they operate are also explored. Finally, the key pointers on how to select a VCT and detailed questions and answers are set out at the end of the Guide.
If you have any queries relating to any of our new products, please contact our Adviser Hotline on the above number.
Past performance is no guide to future performance. It is important that you read and fully understand the risks involved with these investments so that you can decide whether they are right for you. These are set out in the relevant prospectus or offer document. A VCT should be regarded as a longer term investment. Please remember that the value of an investment in a VCT may fall as well as rise and an investor may not get back the full amount invested. The value of the tax reliefs will depend on personal circumstances. Tax rules and regulations are subject to change. VCTs invest in small companies which, by their nature, will have a higher risk profile than larger companies.


