Our total fees were already 48% less than legacy EIS funds*, but for a limited period, we've reduced fees for new investments even further.
Get 50% off the set-up fee if you invest as part of the next allotment committed to Access EIS.
New investments into Access EIS will be deployed into startups once we reach the £6.5m target and the promotion ends.
|Diversification||High (50+ investments)||Low (7 Investments)|
|Life-time management fees |
(assuming 7 year holding period)
|11.5% (was 12.5%)||24.3%|
|% saving vs typical EIS fund||52% (was 48%)|
|Set-up fee (deployment)||1%** (was 2%)||2.33%|
|Portfolio management fee||1.5%||1.9%|
|Annual admin fee||0%||0.36%|
|Performance fee (carry)||10%||20%|
|Fees to investee companies||2%||3.9%|
|Annual company fee||0%||1.1%|
* SR commissioned XPM Investment Consulting to review all open EIS offers (totalling 49 EIS funds). The data in the comparison table above includes flagship EIS funds (reporting over £100m in assets under management): Calculus Capital EIS, Deepbridge Technology Growth EIS, Downing Ventures, Draper Esprit EIS, Eden Rock Ventures, Foresight Williams Technology, Fuel Ventures, Guinness EIS, Invicta Growth EIS, MMC Ventures EIS Fund, Mariana EIS, Mercia EIS, Nexus Investments Scale-Up Fund, Palkwalk Opportunities EIS, Puma EIS, Startup Funding Club Growth EIS and Triple Point Impact EIS). Figures in the Typical EIS fund column are averages across all of the funds named above. The research was conducted in July 2019.
** Limited time offer, until £6.5m is raised. New investments only
Throughout our research, there was no clear evidence for how long funds keep charging investors for.
Performance fee – which is often referred to as “carry” or “carried interest” – is the percentage of fund profits taken by the fund manager as an incentive to build high-performing portfolios for investors.
All fees and figures listed in this table are before VAT.
For example, if Access EIS were to return £20,000 on a £10,000 investment, there would be a profit of £10,000. With a performance hurdle of 110%, SR would return £11,000 to investors without charging the exit fee. The 10% exit fee would only be charged on the remaining £9,000 of profit.
Investing in the fund takes around 10 minutes and is done entirely online.Get started