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Rebate Offer
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8.0% (80%)
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Minimum Initial Investment
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$8,500 (no GST)^
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Expected Close Date
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CLOSED
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Description
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Invest in four different timbers- Pulpwood, Red Mahogany, Sandalwood and Teak with the Elders Diversified Forestry Project 2010.
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The Elders Diversified Forestry Project 2010 (formerly ITC Diversified Forestry Project) provides growers with the opportunity to invest in a diversified forestry portfolio. This project offers a fixed allocation of Pulpwood, Red Mahogany, Indian Sandalwood and Teak for various different end uses in different locations in Australia.
Elders Diversified Forestry Project 2010 features:
- Multiple revenue flows throughout the term of the project.
- Deferred fee structure aligning Elders’ Forestry interests with those of investors.
- Two establishment fee contribution options – Single Contribution or Regular Contribution.
- Twenty-one year investment term.
Contribution Options
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Single Contribution |
Regular Contribution |
Establishment Fee
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$8,500 per unit
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$7,500 + $500* per year
for the first four years
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| Deferred Management Fee |
Thinning: 50%
Clearfall Harvest: 18%
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Thinning: 50%
Clearfall Harvest: 10% |
| About the Species, Location and End Use |
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Pulpwood |
Red Mahogany
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Indian Sandalwood
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Teak
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| Location |
Albany (WA), Esperance (WA), Green Triangle (VIC/SA)
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Far North Queensland |
Kununurra (WA) and/or Far North Queensland
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Far North Queensland
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End markets
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Local and Overseas
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Local and Overseas |
Local and Overseas |
Local and Overseas |
End products
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Production of fine quality paper and paperboard |
Appearance grade timbers for flooring and furniture
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High end perfumes, cosmetics such as moisturisers and soaps
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Decking, indoor/outdoor furniture and in boat building
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Revenue flows
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Year 11
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Year 8 and 19
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Year 16
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Years 10, 15 and 21
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| Area |
0.72ha |
0.06ha
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0.06ha
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0.05ha
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Environmental excellence
In a joint initiative with WWF-Australia, Elders Forestry launched a partnership encouraging Australian businesses to support responsible forest and plantation management by considering their choice of timber and paper they buy.
In 2004, Elders Forestry became one of the first retail plantation forestry managers in Australia to secure the Forest Stewardship Council Certification for their plantations in Southern Australia. In 2008, Elders secured FSC Certification for all their plantations in Western Australia.
Elders Forestry
Formerly ITC Limited, Elders forestry is a wholly owned subsidiary of Elders Limited and a S&P/ASX 200 listed company. Elders Forestry is one of the largest hardwood plantation managers in the country, with over 15 years experience managing more than 50 forestry projects and 160,000 hectares. Elders Forestry manages over $670 million in investment assets on behalf of more than 12,000 investors.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 8.0% of the 10.0% upfront commission on investments in the ITC Diversfied Forestry Project 2010 in the form of a cheque. 2020 DIRECTINVEST will retain 2.0% to cover the costs of marketing, postage & handling and administration of this fund. No trailing commission is paid on the ITC Limited Projects. |
^Elders Forestry has applied to the ATO for the issue of a Private Binding Ruling to confirm this position. If it is ultimately established that GST is payable in respect of contributions due under the Constitution, the Responsible Entity will recover the GST from Investors in the Project. Please refer to page 11 of the PDS for more information.
*$500 ongoing payment is adjusted annually for CPI.
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