Apollo Syndicate Management Limited has provided us with updated forecasts for the 2021 year of account and an initial forecast for the 2022 year of account as follows:

Syndicate 1969

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

295,000

0.0% to 5.0%

-1.0% to 4.0%

1 points better

2022

450,000

5.0% to 15.0%

   

 

SPA 6133

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

65,020

2.0% to 7.0%

0.0% to 5.0%

2 points better

2022

Syndicate ceased

 

Syndicate 1971

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

115,000

5.0% to 15.0%

5.0% to 15.0%

unchanged

2022

200,000

8.0% to 18.0%

   

 

Syndicate forecasts are expressed as a percentage of capacity and are after all standard personal expenses but before members’ agents’ fees.