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| Rebate Offer |
8.0% (80%) |
| Minimum Initial Investment |
$7,000 (no GST) |
| Expected Close Date |
12/03/2010 |
| Description |
Invest in four different timbers- Pulpwood, Red Mahogany, Sandalwood and Teak with the ITC Diversified Forestry Project 2009. |
| Product Disclosure Statement |  Download Product Disclosure Statement (PDS) |
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The ITC Diversified Forestry Project 2009 presents growers with the opportunity to invest in a diversified forestry portfolio. The project offers a fixed allocation of Pulpwood, Red Mahogany, Indian Sandalwood and Teak for four different end products in different locations in Australia.
ITC Diversified Forestry Project 2009 features:
- Diversification offers reduced risk, sound returns and added flexibility
- Multiple revenue flows throughout the term of the project
- Single, upfront payment with no annual lease or management fees. Deferred fee structure aligns ITC's interests with investors
- This project has received a Product Ruling from the ATO.
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Pulpwood |
Red Mahogany
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Indian Sandalwood
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Teak
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| Location |
Albany, Esperance and/or Portland
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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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Export |
Local and export
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Local and export
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Local and export
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End use
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High quality paper
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Structural timber 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 10 |
Year 7 and 18
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Year 15
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Years 9, 14 and 20
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| Area |
0.75ha |
0.10ha
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0.05ha
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0.10ha
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Why invest in forestry?
- Growing world markets: improved living standards and population growth will mean a greater demand for paper and wood based products
- Alternative asset class: diversify into a sector that has low correlation to returns of other asset classes such as equities and property
- Environmental advantages: plantations protect native forests
- Continued government support: Australian Government encourages development of plantation forestry through its "Plantations for Australia: 2020 Vision" statement.
ITC Limited (Integrated Tree Cropping) - A sustainable growth investment
In 2004, ITC Limited became one of the first retail plantation forestry managers in Australia to secure the Forest Stewardship Council Certification, as recommended by WWF-Australia for their plantations in Southern Australia. ITC has since committed to securing FSC Certification for all their plantations.
In 2005, WWF and ITC launched a partnership encouraging Australian businesses to support responsible forest and plantation management by considering their choice of timber and paper they buy.
Managed investment scheme forestry projects can now be developed and offered under a number of different structures. ITC Limited has chosen to offer a different structure to 'traditional' MIS projects for their 2009 projects. For more information, please download the Factsheet below.
Please note: Late grower applications for the ITC Diversified Project 2009 will close on 12 March 2010. The Elders Diversified Forestry Project 2010 is expected to open in April 2010.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 8.0% of the 10.0% upfront commission on investments in the ITC Diversfied Forestry Project 2009 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. |
| Download Product Disclosure Statement (PDS) | | ATO Product Ruling |
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