Your diversified EIS portfolio
Fund Twenty8 follows the decisions of sophisticated private and professional investors to automatically build you a diversified portfolio of no fewer than 28 EIS-qualifying startups.
The fund’s strategy is based on extensive research conducted by NESTA and Intelligent Partnership, which asked the question: how many startup investments should I have?
The magic number appears to be: no fewer than 28. With this many startups in your portfolio, the study suggests a 95% chance of at least one giving you a return of 10X or more. With this in mind, the fund is targeting a return of over 20% IRR, including up to 30% EIS tax relief.
Fund Twenty8 received an independent review from MJ Hudson Allenbridge, a leading independent investment advisory and investment research group, providing independent advice, due diligence and analytical solutions to help institutional investors make better investment decisions.
This independent review has not been commissioned by SyndicateRoom. It has not been issued or approved by SyndicateRoom. It is not a recommendation to invest and does not constitute advice.
While traditional EIS funds normally invest in just a few companies, covering limited sectors, Fund Twenty8 backs a minimum of 28 per fund, per year, offering truly sector-agnostic diversification.
Having just finished deploying its second fund, Fund Twenty8 has:
- 426 investors
- Invested a total of £8.54m
- Diversified over 64 investments
- Across 13 sectors
I’ve been investing in individual companies and have built up a sizeable portfolio, but I’d not invested in EIS funds until I discovered Fund Twenty8.
The focus on diversification makes a lot of sense to me and I think that using the personal investment decisions of numerous savvy investors to deploy capital is a very clever model.
Fund Twenty8 investor
Invest alongside lead investors
Mitigate risk by building a sector-agnostic and diversified portfolio across no fewer than 28 Qualifying Investments
Target development capital in companies that are:
- Ideally in revenue, which can provide shorter times to exit
- Usually pre-profit
- Able to demonstrate strong and established management teams with proven business credentials
- Aiming to generate an IRR of 20% or more (inc EIS)
- EIS eligible at the time of investment and the Manager will seek to retain EIS eligibility as appropriate