The Parkwalk UK Technology Funds
The Parkwalk ZeroND Fund is a unique product for UK based non-domiciled investors, which removes the charge to UK tax on overseas income or capital gains remitted to the UK by non-domiciled investors for the purpose of investing in qualifying companies.
The Fund allows investors to bring capital on-shore without penalty and additionally take advantage of the EIS reliefs against their UK income tax. After the 3 year minimum holding period the investor can repatriate the original remittances off-shore without penalty, and any gains plus the 30% initial relief can be kept on-shore tax free.
Parkwalk's current portfolio consists of over 27 companies, which have raised in excess of £150m of funding between them since 2010 and over 400 patents protect their technology and processes.