Calculus launches next EIS offering with tech and healthcare focus

Fund aims to return £2 tax free for every £1 that is invested

Hope Coumbe
clock • 1 min read

A new knowledge intensive enterprise investment scheme (EIS) fund focused on investing in UK technology and healthcare companies has been launched by Calculus.

The provider announced the start of the fund today (18 January) and confirmed it will offer investors a portfolio of at least six companies. The fund - which has a minimum investment of £25,000 - follows Calculus' first EIS offering which closed in April 2023. Chief executive and co-founder John Glencross said the new fund offers more straightforward tax planning to investors. "It also provides the conscientious investor with a chance to support a new wave of UK companies while enhancing their own wealth," he added. Investors can claim income tax relief at up to 30% with the fun...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Emotional support: Why AI cannot replace an adviser's crucial role

Emotional support: Why AI cannot replace an adviser's crucial role

'AI cannot give clients what they seem to value the most from a financial adviser'

Louis Williams
clock 03 March 2025 • 4 min read
Providers must rethink digital strategies to better engage female clients

Providers must rethink digital strategies to better engage female clients

Research released ahead of International Women’s Day

Sahar Nazir
clock 03 March 2025 • 3 min read
The great wealth shift: Embracing AI to engage multiple generations

The great wealth shift: Embracing AI to engage multiple generations

'The role of the financial adviser is evolving'

Tessa Lee
clock 26 February 2025 • 4 min read