Despite ajn tough economic outlook, appetite for venture capital trusts continues to grow.
Investors have flocked to their generous tax breaks and the chance to back high-growth startups.
Venture capital trusts raise money from investors to invest in early-stage, usually privately owned, companies, or those listed on the junior Aim market.
In return for taking on this higher level of risk, they offer a tasty 30 per cent income tax break and tax-free dividends, along with an annual investment limit