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.