VCTs rated by Allenbridge

The three providers gain ‘AAA’ ratings respectively for their Baronsmead VCT ‘C’ shares, Close Aim ‘D’ shares, Close Income and Growth, and Penine AIM 5 VCTs. Allenbridge cites consistent returns and an ability to set management standards in the sector as reasons for the rankings. By contrast, the Singer & Friedlander AIM 3 VCT is ranked along with the Oxford Technology 4 and Aberdeen Growth Opportunities trusts as only deserving of a ‘B’ rating. Allenbridge says of these products it feels alternatively “disappointed”, “speculative” or “cautious”. Allenbridge bases its rankings on ...