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Apollo Syndicates – Updated Forecasts as at 31 March 2023

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
Mid-point

2021

295,000

0.0% to 5.0%

-1.0% to 4.0%

1 points better

2022

450,000

5.0% to 15.0%

   

 

Special Purpose Arrangement 6133

Year of Account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Mid-point

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
Mid-point

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 cited after all standard personal expenses but before Members’ Agents’ fees.

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