FCPI Europe Innovation 2003

Subscription period closed

Specifications

Product Retail fund (FCPI)
Year of establishment 2002
ISIN Code FR0000988024
Investment strategy European SMEs, PME, mainly unlisted
Investment sectors Life Sciences Information Technology, Energy
Tax relief At the start:

–          25% income tax relief with a maximum instalment of 12.000 euros for a single person and 24.000 euros for a couple.

At the exit:

–          Relief on capital gains taxation, before social taxes.

Blocking of funds period 7 years, with  a possible 3 years extension, depending on the decision of the asset management company
Depository bank Société Générale
Valuation frequency Quartely
Management and Operating fees 2.90%
Status Fund closed