The Venture and Development Capital investment trust (VDCIT) sector has been the top performing inve...
The Venture and Development Capital investment trust (VDCIT) sector has been the top performing investment trust sector over the past 10 years, according to the AITC. A £1,000 investment in the average trust in the sector 10 years ago would now be worth £7,057. Seven out of eight venture capital investment trusts have outperformed the FTSE All-Share by 5.1%pa, according to Dresdner Kleinwort Wasserstein. The venture capital sector can be split into Venture and Development Capital investment trusts (VDCITs) and Venture Capital Trusts (VCTs). The two sectors are worth around £12.1bn combi...
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