At the end of 2016, NextStageAM pursues its strategy based on the search for regularity and diversification. Its complete range of 3 FCPI-FIP * is made up of FCPI NextStage CAP 2022 IR *, FIP NextStage Yield 2022 * and FCPI NextStage CAP 2023 ISF *. It is accessible to individuals through private banks, CGPIs and banking platforms.
FCPI NextStage CAP 2022 IR *: a non-extendable term of life set at December 31, 2022
This FCPI is a continuation of the FCPI “NextStage CAP” range, of which the 1er Fund launched in 2010, the FCPI NextStage CAP 2016, will make an initial distribution of 110% of the par value invested by subscribers in November 2016 and with a liquidation target set on December 31, 2016. The FCPI NextStage CAP 2022 IR will be diversified in a portfolio around thirty innovative companies (minimum target of 25) mainly listed on Alternext and Eurolist B / C.
It gives the right to a 2016 IR reduction of 18%, as well as an exemption on capital gains (excluding social security contributions) *.
FIP NextStage Yield 2022 *: target diversification of 20 French SMEs
This 9rd FIP managed by NextStageAM, will carry out its last fundraising campaign and subscriptions will close on December 31, 2016. It will be diversified into around twenty French SMEs, family owned or shareholder entrepreneurs, having demonstrated their ability to generate returns. The objective is to invest via convertible bonds up to a maximum of 60%. NextStageAM has adopted a multisectoral approach to minimize the impact, on the entire portfolio, of the possible decline in a sector.
It gives the right to a reduction of IR 2016 of 18% or ISF 2017 of 50%, as well as an exemption of capital gains (excluding social security contributions) *.
FCPI NextStage CAP 2023 ISF *: an FCPI reserved for subscribers for ISF 2017
This 8rd FCPI of the “NextStage CAP” range has an initial life of 7,5 years which cannot be extended (31/12/2023). With a 100% SME investment rate, it will be diversified into a portfolio of around thirty innovative companies (minimum target of 25) mainly listed on Alternext and Eurolist B / C.
It gives the right to a reduction of ISF 2017 of 50%, as well as an exemption from capital gains (excluding social security contributions) *.
A range approved before December 31, 2015 to support Medium-Sized Companies (MSE)
ETMs, which generate a turnover of between € 10m and € 500m, represent 1,7% of French companies in number but they account for 28% of the national private sector's GDP and employ 29% (6,5 million employees) . With its range of FCPI-FIP, NextStageAM pursues its strategy to support and finance the growth of SMEs and Mid-Size Companies alongside talented entrepreneurs, NextStageAM.
It should be noted that the amending finance law for 2015 modified the mechanisms to benefit from reductions of ISF and / or IR. Approved before December 31, 2015, the FCPI-FIP NextStage rangeAM is therefore not impacted by the new management rules applicable to funds approved since 1er January 2016.
* Investment in NextStage fundsAM presents a risk of capital loss and a blocking period of the units of 6 to 9 years. Consult the KIIDs, regulations and tax notes available on request. Non-contractual document which does not represent a solicitation for subscription. The tax reduction is subject to compliance with the conditions specified in the regulatory documentation of the funds and should not constitute the sole source of motivation for the investment. Contact your financial advisor. Past performance is no guarantee of future performance and is not constant in the future.
