Skip to main content

The 2023 BVP EII Fund

December 4, 2023
Harvest News
, ,
BVP Green Bond

This month’s Fund in Focus is the 2023 BVP EII Fund. The main objectives of the Fund are to provide Investors with the opportunity to invest in a number of selected qualifying companies, therefore benefiting from the tax relief provisions of the EII Scheme and the expected growth in the value of the shares from the date of investment to the date of realisation. BVP will seek to raise the Fund for the purpose of investing in a portfolio of qualifying companies across a range of various industries including internationally traded services, manufacturing, and technology. BVP believes there are good commercial opportunities available for EII Investors as a result of a lack of funding currently available to quality Small and Medium Enterprises.

Points to Note:

  • BVP has successfully raised eleven EII funds since 2007 and has previously invested in over 50 companies and two EII financed wind farms. BVP takes an active interest in all investments and in some cases,  takes an active participation on the investee company boards.
  • Tax relief is available on qualifying investments up to a maximum of €500,000 for the tax year ending in 31st December 2023 subject to those shares being held for four years
  • An EII investment can be offset against all income including rental income (whereas pension contribution cannot).
  • EII Funds invest across a portfolio of investments across different industries thereby reducing the risk profile of the investment.

*Financial Express, www.bvp.ie, www.ft.com

As always, you should only consider the investment views contained in this BVP EII Fund update in the context of your own attitude to risk and how such choices might impact your Asset Allocation model. Should you wish to discuss your investment portfolio, please contact Harvest Financial Services on 01 2375500 or email justask@harvestfinancial.ie.

Talk to us…

Call us now on

01 2375500

The particular tax treatment contained herein is based on Harvest Financial Services Limited’s understanding of current Revenue practice as at December 2023. Please note that the tax treatment depends on the individual circumstances of each client and may be subject to change in the future. You should take such independent tax advice as you deem appropriate.

This marketing information has been provided for discussion purposes only. It is not advice and does not take into account the investment needs and objectives, financial position, risk attitude, liquidity needs, capital security needs and/or capacity for loss of any particular person. It should not be relied upon to make investment decisions.

Warning: The return may increase or decrease as a result of currency fluctuations.
Warning: The figures refer to the past. Past performance is not a reliable indicator of future results.
Warning: The value of your investment may go down as well as up. You may get back less than you invest.
Warning: The income you get from this investment may go down as well as up.