MIG 2 VCT
Matrix Income & Growth 2 VCT
formerly Matrix Venture Fund VCT
Welcome to the webpage of Matrix Income & Growth 2 VCT. The Company was launched in the 2000/2001 tax year and raised £12.4 million, net of issue costs. In the 2005/2006 tax year, the Company changed its name and investment strategy and launched a new C share issue that raised £8.6 million, net of issue costs.
Investment Objective
To provide Investors with a growing income stream, arising both from the income generated by the companies selected for the portfolio and from realising any growth in capital value. The Manager intends to structure investments in unquoted companies as part loan and part equity, expecting to receive regular income and to generate capital gains from trade sales and flotations.
Investment Adviser - Matrix Private Equity Partners
Matrix Private Equity Partners (MPEP) is one of the most experienced teams focused on VCT investment, currently advising over £130 million of funds on behalf of five VCTs. There are a number of features that make MPEP stand out as a VCT manager:
For further information on MPEP click here.
Dividends - Ordinary Shares
| Period Ended |
Payment Date |
Amount per Share |
|---|---|---|
| 30 April 2001 |
10 September 2001 |
0.93p |
| 30 April 2002 |
16 September 2002 |
1.35p |
| 30 April 2003 |
24 September 2003 |
0.51p |
| 30 April 2006 (interim) |
20 October 2005 |
6.00p |
| 30 April 2006 (interim) |
8 February 2006 |
6.00p |
| 30 April 2007 |
19 September 2007 |
6.00p |
| 30 April 2008 (interim) |
23 July 2008 |
6.00p |
| Total Paid to Date |
26.79p |
Dividends - C Shares
| Period Ended |
Payment Date |
Amount per Share |
|---|---|---|
| 30 April 2007 |
19 September 2007 |
1.50p |
| 30 April 2008 (interim) |
23 July 2008 |
2.50p |
| Total Paid to Date |
|
4.00p |
Net Asset Value
| 31 Oct 07 |
31 Jul 07 |
30 Apr 07 |
31 Jan 07 |
31 Oct 06 |
|
|---|---|---|---|---|---|
| 'O' Shares |
104.71p |
109.22p |
107.24p |
99.93p |
102.28p |
| 'C' Shares |
98.48p |
99.64p |
97.15p |
95.34p |
94.92p |
|
31 Jan 08 |
31 Jan 08 |
|
|
|
|
|
|
|---|---|---|---|---|---|---|---|
| 'O' Shares |
107.68p |
106.39p |
|
|
|
|
|
| 'C' Shares |
98.23p |
93.32p |
|
|
|
|
|
Portfolio
Please click here to see the investee companies in the fund.
Corporate Governance
The Board recognises the importance of sound corporate governance. It endorses and has adopted the main principles of good corporate governance set out in the Combined Code published by the Financial Reporting Council in July 2003 to the extent that the Directors consider practical given the nature of the Fund.
Terms of Reference
Company Details
Registered in England Number 3946235
Registered Office: One Vine Street, London W1J 0AH
Tel: 020 3206 7274 Fax: 020 3206 7012
E-mail: MIG2@matrixgroup.co.uk
Company Secretary
VCT Company Secretarial Services
Matrix-Securities Limited
One Vine Street
London
W1J 0AH
Tel: 020 3206 7000
email: mig2@matrixgroup.co.uk
Registrar
Capita Registrars Plc
Northern House, Woodsome Park
Fenay Bridge, Huddersfield
West Yorkshire HD8 0LA
www.capitaregistrars.com/shareholders
Tel No: 0871 664 0300
Calls cost 10p per minute plus network extras
If calling from overseas please ring +44 208 639 3399
