Open for investment
Puma AIM VCT
Access to commercially strong companies listed on the Alternative Investment Market (AIM), through a tax efficient-wrapper.
AIM investing led by experience
Puma AIM VCT focuses on investing in established, growth-focused businesses listed on the Alternative Investment Market (AIM) and Aquis Stock Exchange (AQSE). Managed by the experienced Puma AIM IHT Service team, this VCT is now listed on the London Stock Exchange.
With the full range of VCT tax reliefs, offering the potential for up to 20% income tax relief, tax‑free dividends and 0% Capital Gains Tax. We aim to deliver stable returns without the volatility of start-ups.
The VCT has demonstrated strong early deployment and continues to benefit from favourable market conditions, which we expect will stimulate further investment opportunities in 2026.
Tax reliefs are not guaranteed, depend on individual circumstances and are subject to change.
Three reasons to invest
Over a decade of
investing in AIM
We have been investing in AIM-traded companies since 2014 via the Puma AIM Inheritance Tax Service. Since then, our team have consistently outperformed FTSE indices by identifying high-potential businesses and managing risk effectively
Experienced
investment team
Our team have a collective track record of over 50 years of investing in AIM-traded companies. Led by Investment Director Dr Stuart Rollason, with support from Daniel Cane and Joseph Cornwall, the team offers deep expertise in AIM investment
Strategic
market timing
We believe this VCT launched at an optimal moment, proven by the eight companies we've already invested in. With more stable economic trends supporting AIM-traded companies seeking capital, we anticipate a healthy pipeline at attractive valuations
What are the Puma AIM VCT tax reliefs?
Income tax
relief
You can claim up to 20% income tax relief when you buy newly issued shares in a VCT, up to £200,000 per tax year. To qualify, your shares must be held for at least five years. The relief is non-refundable and cannot exceed the investor's total income tax liability
Tax-free
dividends
Dividends are 100% tax-free and do not need to be reported on your tax return. This is beneficial for higher-rate taxpayers, who could otherwise pay up to 39.95% in dividend tax
Capital Gains
Tax
The profits made from selling VCT shares are exempt from Capital Gains Tax (CGT), as long as the shares are in an approved VCT and were acquired for genuine investment purposes. This valuable tax-efficient exemption applies to investments of up to £200,000 per tax year
Tax reliefs are not guaranteed, depend on individuals’ personal circumstances and a five-year minimum holding period, and may be subject to change.
Meet our experienced investment team
Early deployment in eight companies
RC Fornax is a consultancy that provides outcome-based solutions to the UK defence industry
KRM22 develops SaaS-based risk management products for capital markets
Pathos Communications, an AI-enabled PR firm, specialises in guaranteed publication for SMEs
Aurrigo is a leading international designer and developer of fully integrated smart airside solutions
Time to ACT is empowering clean tech growth, delivering scalable solutions for a low-carbon future
Quantum Base is a science company setting a new global standard in authentication
Verici DX is a diagnostic company focusing on transforming the outcomes of kidney transplants
Light Science Technologies provides solutions across AgTech, electronics and passive fire-protection
Enhancing the shareholder experience
Keep up to date
Stay informed with the latest updates, including regulatory announcements, financial reports and shareholder meeting results
Loyalty discount
Existing shareholders have an exclusive 1% loyalty discount on the initial fee when they make additional investments in Puma VCTs
Reinvesting dividends
A smart way for existing investors to continue growing their investments by reinvesting their cash dividends back into new Puma AIM VCT shares
FAQs
Find out more
Please contact your Financial Adviser to discuss our investment solutions in more detail.
Alternatively, our team of over 20 Client Relations and Operations specialists can provide practical guidance and seamless service at every stage of your investment journey.
Risk factors
An investment in Puma AIM VCT carries risk and you should take your own independent advice. You should only invest in Puma AIM VCT on the basis of the prospectus which details the risks of the investment. Below are the key risks:
Tax reliefs: Tax reliefs are not guaranteed, depend on individuals’ personal circumstances and require holding the investment for a minimum of five years. Tax reliefs may also be subject to change.
Liquidity: It is highly unlikely there will be a liquid market in the ordinary shares of Puma AIM VCT, and it may prove difficult for investors to realise their investment immediately, in full or at all.
Capital at risk: An investment in Puma AIM VCT involves a high degree of risk. Investors’ capital may be at risk. There is a possibility you may lose all of your capital invested.
General: Past performance of Puma Investments in relation to its other VCTs is no indication of future results. The payment of dividends is not guaranteed. Investors have no direct right of action against Puma Investments. The Financial Ombudsman Service/the Financial Services Compensation Scheme are not available. Dividends: The payment of any dividends is not guaranteed, and any such payments may erode the capital value of any underlying investment.
Figures on this page are taken from Puma Investments and are correct as of 15 April 2026 unless stated otherwise.