First State VCT raises 15m

First State Investments AIM VCT has raised more than 15m through its second offer of shares in the 2005/06 tax year. The company allotted 9,738,942 ordinary shares under the offer on April 4, increasing the size of the company to more than 28m. According to First State, since inception the fund has returned 23.5%, compared with the FTSE Aim (total return) index, which grew 7.33%.