EIS funds are managed investment vehicles that raise cash from individuals and institutions for the purpose of investing in a selection of EIS-eligible ventures. EIS stands for Enterprise Investment Scheme, an HMRC-run scheme that can offer impressive tax reliefs for those who invest in an EIS fund.
You can compare and contrast open EIS funds in the UK here. To ensure that this is the right type of investment for you, please view our EIS fund page for more information.
| Fund name | Minimum investment | Sectors investing in | Number of investments | Targeted returns |
|---|---|---|---|---|
| Fund Twenty8 | £10,000 | Sector agnostic (life sciences, media, hardware, enterprise software and others) | Minimum of 28 | IRR of 20% |
| Growth Fund | £10,000 | Sector agnostic (portfolio companies) | Minimum of 6 | IRR of 20% |
| Symvan Capital | £20,000 | Technology | 4 to 6 | £1.60 for every £1 invested |
| Guinness Asset Management | £20,000 | Leisure and services | 3–6 | £1.25 for every £1 invested |
| Calculus Capital | £50,000 | Biotechnology, telecommunications, leisure, ecommerce | 8–10 | IRR of 20%+ |
| Par Equity | £20,000 | Technology | 6–8 | IRR of 15%+ |
| Seneca | £25,000 | Managed storage facilities | at least 4 | |
| Oxford Capital Growth EIS Fund | £25,000 | Ecommerce, fintech, AI, digital health | 12–15 | |
| Deepbridge Growth EIS Fund | £10,000 | Energy and resource innovation, medical technology, IT technologies | 22.9% p.a. over a minimum of 3 years | |
| Jenson | £10,000 | Entrepreneurial early-stage companies | at least 5 if EIS only (15 total in 2017) | 13% over 5 years |
| Mercia Growth Fund | £25,000 | Technology | 15 | 13% over 5 years |