VC Stock Additions


#1

After reading the Crowdcube on Crowdcube story I came across the Draper Esprit (LON:GROW) which is basically one of the leading EU VC funds following artificial intelligence, blockchain, digital healthcare and fintech.

These seem to be more “emerging” market and start-upesque style (which is my preference :yum:)

Will these “higher” R/R VC style stocks be added at some point to Freetrade ?
What exactly are the criterias in terms of the “The Stock Universe”?


(Harry) #2

I assume they would @alex.s, my understanding is over time pretty much everything in LSE will be accessible?


(Rob Nicholson) #3

I’ve looked at some VC funds before, they usually have high minimum investments and take something like 20-25% of profits. Looks like Draper Esprit has a £25,000 minimum in the EIS fund as below.

So these aren’t the best for newer investors, crowdfunding can offer some of the same opportunities with lower fees and no minimums.


#4

20%-25% is the industry standard from my limited knowledge. I specifically mentioned GROW (the Draper Esprit stock) as it’s available on the LSE which Freetrade uses.


(Rob Nicholson) #5

Ah I see! Makes sense!