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How to apply for this EIS

  1. Click on the Download button below to obtain all relevant literature.
  2. Read all the literature provided in full, ensuring you’re happy to proceed.
  3. Post the completed forms along with two valid forms of ID, and a cheque made payable to the provider, to: WealthMe, PO Box 362, Burgess Hill, West Sussex, RH15 5BH.

Free EIS Guide

Download our free & comprehensive guide to EIS. All investment decisions must be made solely on the fund's prospectus.


Fund title: MMC Ventures EIS Fund

Overview

*Rebate - Total 2% - ie Initial commission rebate of 3%. Our 1% arrangement fee can either be paid directly by you with a cheque made payable to 'WealthMe' or it can be facilitated by the Manager out of your Subscription.

If applicable we will ask the product provider to reinvest any initial or trail commission back into your plan. This will be either in the form of a reduction in their charges or an enhancement of additional shares. However if this cannot be facilitated, they will pay any initial or trail commission to WealthMe. We will then pay any surplus initial commission immediately back to the recipient. Any trail commission we receive will be paid to the recipient in January based on the amount received in the previous year (subject to a £10 administration fee). All initial and trail rebates will be paid net of basic rate tax and are to be treated as taxable income by the recipient as stipulated by HMRC.

MMC believes the companies transforming today’s markets are the ones doing it from the inside-out: rewiring underlying technology, rebuilding tech infrastructure and utilising data in fundamentally new ways. Innovating at this deeper layer is how entirely new categories are created. These are the businesses MMC identifies and scales.

MMC’s approach is grounded in the idea that the way to make sound investment decisions in private technology companies is to have a thorough understanding of the technology and business model. So MMC commits to go much deeper than other managers in terms of research and working closely with the founders.

MMC has raised two new funds this year; a £52 million seed fund to foster deal flow for its EIS Funds. MMC has also raised a £100 million fund designed to invest in its later stage portfolio companies once they have grown beyond EIS investment limits and to offer EIS Fund investors liquidity earlier than a full exit event.

MMC typically invests between £1 million to £5 million in an initial funding round but has the capacity to support the business, as it grows, through further funding, up to £12 million per company, or up to £20 million if it is a ‘Knowledge Intensive Company’.

Investors can expect to be invested in c. 10 companies over the course of 12-18 months. Their investments will be a mixture of follow-on rounds and initial funding rounds into EIS companies. We manage risks at every stage in the investment process, from due diligence on potential investments, all the way through to due diligence on exits.

Fund type:

New Fund

Miniumum investment

£25,000

Initial Charges

3%

WealthMe Arrangement Fee

1%

Expected Close date

Evergreen

Funds Raised and sought

£29m of £30m

Rebate

2.00%



Important Information
The information given here has been taken from the product terms and conditions, brochure, and other literature available from the product provider. However, no guarantee can be made to the accuracy of the information. You should therefore satisfy yourself as to the full terms and risks of any investment by reference to the relevant materials provided by the product provider. In the unlikely event of any discrepancy between the information shown here and that provided in the provider literature, the product literature shall prevail. All investment involves risk and you could lose some or all of the money you invest.