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Investment Opportunities > Tax Effective Agribusiness > ITC Sandalwood Project 2008 Print this page [ A ] [ A ] [ A ]
 

Agri-business Products

ITC Sandalwood Project 2008

ITC Sandalwood Project 2008
Rebate Offer 8.0% (80%)
Minimum Initial Investment $4,950 (incl GST)
Expected Close Date CLOSED
Description The ITC Sandalwood Project is a forestry investment scheme, allowing investors to grow both Australian and Indian sandalwood, two of the most sought after sandalwood species in the world.

Video Presentation:


Alexander Hicks of ITC
The ITC Sandalwood Project 2008 is an opportunity to become involved in the production of sandalwood, which is highly renowned for its fine grade timber and the quality of its oil.

Investors will become growers of both Australian and Indian sandalwood, two species which dominate world sandalwood trade. This will diversify the risk of relying on a single species in a single region. There are significant areas established for sandalwood plantations. The Australian Sandalwood Plantation will be located in the south west of Western Australia while the Indian Sandalwood Plantation will be located in far north Queensland and/or the Kununurra area in WA.

The ITC Group itself is highly experienced in the operational forestry and technical aspects of the Project. It commenced its first investment project in 1992 and now manages over 50 investment schemes on behalf of over 16,500 investors.

Key features:

  • The Project Yield is 120kg of heartwood over a 15 year period.
  • Harvest will occur 15 years after initial planting.
  • Each plantation unit will represent approximately 0.5 hectares.

Lonsec has awarded the Sandalwood Project a rating of "Recommended".

To comply with the Anti-Money Laundering and Counter-Terrorism Financing Act, agribusiness fund managers are now requiring that certified identification documents are provided by investors with applications. To avoid delays in processing your investment, please include identification forms and a certified copy of your ID with your application. more info


Fee Disclosure
2020 DIRECTINVEST will rebate 8.0% of the 10.0% upfront commission on investments in the ITC Sandalwood Project 2008 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 Sandalwood Project 2008.

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ITC Sandalwood Project 2008
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