Apollo Syndicate Management Limited have provided us with an update to the forecasts for the 2020 year of account and a preliminary forecast for the 2021 year of account for syndicates 1969, 1971 and SPA 6133.

These are as follows:

Syndicate 1969

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

250,000

-1.5% to 3.5%

-1.5% to 3.5%

unchanged

2021

295,000

0.0% to 7.5%

n/a

n/a

Syndicate 1971

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

115,000

0.0% to 7.5%

0.0% to 7.5%

unchanged

2021

115,000

2.5% to 12.5%

n/a

n/a

SPA 6133

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

60,000

-35.0% to -30.0%

-36.5% to -29.0%

0.3 points better

2021

65,020

-9.0% to -1.5%

n/a

n/a

Forecasts results are expressed as a percentage of allocated capacity and are after all standard personal expenses but before members’ agents’ charges.