Discount Broker for investments, insurance & mortgages

Approved EIS Funds

EIS investments are high risk investments. Please see our main EIS page for further important information.

REMEMBER, ONLY USE AN EXECUTION-ONLY BROKER LIKE CLUBFINANCE IF YOU DO NOT NEED ADVICE. CLUBFINANCE WILL NOT ASSESS THE SUITABILITY OR APPROPRIATENESS OF ANY INVESTMENT. For advice on suitability or an assessment of appropriateness, please contact an authorised and regulated financial adviser.
If you know which EIS you would like to invest in, please use the documentation in the table below. Due to the way some EISs are set up, we cannot arrange every EIS available. In addition, for some EISs, commission paid to intermediaries represents an additional cost, so it is cheaper to go direct. If you would still like us to arrange one of these for you, or the EIS you are interested in is not listed, or if you have difficulties, please contact us using the form at the bottom of this webpage.
Commission rebates and other discounts are detailed below. At least 75% of initial commission plus 75% of renewal commission will be rebated. Please see How to Invest - the process for details of the necessary steps and information you need to make an investment.

IMPORTANT NOTE ON CHARGES - Charges for EISs can be very high and come in many different types and forms. - please ensure you read the product documentation in detail to understand the charges. We have summarised the charges below, but this is NO SUBSTITUTE for reading the product documentation in detail. The detailed bases on which charges and costs are levied will vary from product to product.
Please remember to send your completed application form(s) together with a signed Client Declaration and Identification Documents to Clubfinance Ltd. - click here for details.

PLEASE GENERATE A COMMISSION STATEMENT FOR MORE INFORMATION ON COMMISSION & REBATES

Approved EIS Funds Available for Investment

Income tax relief relates to the tax year when the fund closes (but also see carry back). Please see product documentation for full details of charges. Closing dates relate to the 2010/11 tax year.

EIS name Minimum Expected closing date*
Initial Discount
Annual Renewal Commission Waived
Annual Renewal Commission Cash Back Documents
(see icon key located beneath the table)

Anglo Scientific EIS Fund 2010 (Ł10k - Ł99k) Ł10,000 2-Apr-10 2.0% - - CLOSED
Anglo Scientific EIS Fund 2010 (minimum Ł100,000) Ł100,000 2-Apr-10 2.5% - - CLOSED
Best of Angels Den EIS Fund 2010 Ł5,000 5-Apr-10 1.875% - 0.375% for 3 years CLOSED
Ingenious Shelley Media Fund Ł10,000 3-Apr-10 1.875% - 0.375% for 2 years CLOSED
Oxford Gateway Approved EIS No.5 (2009/10) Ł25,000 1-Apr-10 1.875% - - CLOSED

If you a Certified High Net Worth Individual or a Self-Certified Sophisticated Investor you can click here to view financial promotions for additional EIS Funds

* Note that complete applications must reach Clubfinance at least 3 working days prior to the closing date, and funds can close early.

How do we Compare?

EIS name Initial charge if buy direct Initial charge via intermediary** Initial charge through Clubfinance Additional annual charges via intermediary** Additional annual charges through Clubfinance

Anglo Scientific EIS Fund 2010 (Ł10k - Ł99k) 5% 5% 3% 0% 0%
Anglo Scientific EIS Fund 2010 (minimum Ł100,000) 5% 5% 2.5% 0% 0%
Best of Angels Den EIS Fund 2010 5% 5% 3.125% 0% 0%
Ingenious Shelley Media Fund 11.15%¹ 11.15%¹ 9.275%¹ 0% 0%
Oxford Gateway Approved EIS No.5 (2009/10) 5.0% 5.0% 3.125% 0% 0%

** Based on full commission. Some intermediaries may take less than full commission and/or may have negotiated an initial charge discount, e.g. Clubfinance.
¹- For the Shelley Media Fund, the Investment Fee of 9.5% is paid by the investee companies. In addition 1.65% of the aggregate amount of subscriptions invested in the investee companies will be reserved to meet the investee companies administrative costs.

Other costs and charges

EIS name	Set-up costs for fund as a whole	Dealing charge for each investment bought or sold in fund	Annual administration fee	Annual fund manager fee	Performance fee	Other costs and expenses?
Anglo Scientific EIS Fund 2010 (Ł10k - Ł99k)	-	-	-	1.5%	net return in excess of 8% internal rate of return ('IRR') subject to a maximum of 20% of the net return	YES
Anglo Scientific EIS Fund 2010 (minimum Ł100,000)	-	-	-	1.5%	net return in excess of 8% internal rate of return ('IRR') subject to a maximum of 20% of the net return	YES
Best of Angels Den EIS Fund 2010	-	0.35%	0.50%	1.5%	20% of the realised return in excess of investor subscription	YES
Ingenious Shelley Media Fund	Ł2,000³	-	0.42%⁴	0.5% (max 3 years)⁵	3% of aggregate subscriptions, recovered only from realisation of Qualifying Shares that exceed the aggregate amount of subscriptions invested in the fund as at the Closing Date	YES
Oxford Gateway Approved EIS No.5 (2009/10)	-	0.35%	up to 0.5%¹ +Ł50	2.5%²	20% of the return in excess of investor subscription	YES

Please note that some or all of the charges above may have VAT added to them, and that the VAT treatment on each charge may differ between funds. The VAT treatment applicable can change at any time.
¹- The Oxford Gateway Fund annual administration expenses will not exceed: 0.5% or £25,000 based on the fund as a whole. There is also an annual £50 administration fee per portfolio.
²- For Oxford Gateway, any monitoring fees received by the Fund Manager from investee companies will be set off against and will reduce the Management Fee.
³- For Shelley Media Fund, setup costs are paid by investee companies.
⁴- For Shelley Media Fund, the custodian fee of 0.42% assumes an aggregate amount of subscriptions invested of Ł10 million.
⁵- For Shelley Media Fund, Media Services Fees of 0.5% per annum (where applicable) for a maximum of 3 years are paid by investee companies.

PLEASE REFER TO THE PRODUCT DOCUMENTATION FOR FULL DETAILS OF FEES & CHARGES

Key to tables

Link to the product documentation and application form (in PDF format) for each EIS.	Link to essential Clubfinance information required to proceed with a transaction through Clubfinance.	Additional Risk Warnings you must be aware of before making an EIS investment.

Click on this icon to be taken to a webpage where you can generate your own tailored Commission Statement.	Clicking on this icon will take you to a website linked to the EIS which may provide additional useful information.	Where the EIS provider has produced an EIS guide, this icon will take you to it.

Don't see the Approved EIS Fund you are interested in listed?

We will endeavour to obtain and e-mail you further information, and if we can arrange it, our standard EIS commission rebates will apply.

Your Title:

First Name:

Last Name:

Please tell us the precise name of the EIS you are considering arranging through Clubfinance:

Please let us know the lump sum amount you wish to invest, if known.*

Please use this box for any questions or queries:

Please supply your e-mail address:
(we will only use this to respond to your enquiry)

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Telephone number:
(this will only be used if there is a problem with your e-mail address)

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Important Information

Clubfinance Ltd is authorised and regulated by the Financial Services Authority. Clubfinance offers an execution-only discount broker service; Clubfinance does not give advice or recommendations. If you have any doubt about the suitability of a particular product or service, or you require advice, you should seek a personal recommendation from an appropriate firm that does give advice. Clubfinance does not produce the products it arranges, or manage the underlying investments. Payments must not be made to Clubfinance, but to the relevant product provider. Contact details for Clubfinance can be found under ‘contact us’. Users of this website should be aware of the following:

Past performance is not a reliable indicator of future results.
The value of investments and the income from them can fall as well as rise as a result of market and currency fluctuations. For many types of investment, you may be placing your capital at risk, meaning that you may not get back the amount originally invested and you may risk losing your entire investment.
Some investments and policies may only be suitable as medium or long-term products.
Tax treatments depend on your individual circumstances and may be subject to change in future.
This website contains financial promotions relating to services offered by and products available through Clubfinance.
In the event of any conflict between product literature and information provided by Clubfinance, the product literature shall prevail.

The information on this website is intended solely for the use of those people who are United Kingdom residents for tax and investment purposes and is governed by our terms and conditions of website usage, please click here for details. It is not for distribution in any other jurisdiction, including the United States of America. Anyone who is not a UK resident should not continue with this site unless wishing to read about personal finances available to UK residents for informational purposes only.

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