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| Rebate Offer |
8.0% (80%) |
| Minimum Initial Investment |
$6,600 (incl GST) |
| Expected Close Date |
CLOSED |
| Description |
The Rewards Group invites investors to take part in their latest Teak plantation forestry project, with the aim of producing quality tropical hardwood. |
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The latest offering to come from the Rewards Group is the Rewards Teak Project 2008, an opportunity to become a part of a tree project that will result in the Teak plantation in Queensland. Teak is a high quality tropical hardwood preferred by ship builders and furniture manufacturers for its strength and durability. It is highly prized for its natural resistance to moisture, insects and fungal decay and is a wood that only increases in beauty as it ages. As a result, it is a product that is constantly in high demand.
The Project aims to produce Teak poles and sawlogs for a market that has a very positive forecast in demand. Markets are already well-established in Asian, European and North American countries and are likely to be boosted by the current economic growth of China and India.
This is a promising market opportunity for investors seeking projects of long term growth regardless of market volatility.
Key features
- The first harvest is expected to take place after 6 years, with the whole length of the Project expected to last approximately 20 years.
- Each Woodlot will have approximately 250 trees covering an area of 0.2 hectares each.
- The Project will ensure that careful high maintenance of the Woodlots takes place, including: weed and pest control, pruning, fertilising and nutrient analysis.
- The proceeds of each Woodlot will be pooled and each Grower will receive their proportionate share due to them.
Lonsec has awarded the Teak 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 Rewards Teak 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 Rewards Teak Project 2008. |
 AAG Independent Research Report | | Finance Sheet | | Finance Package | | Product Brochure |
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| Risk Advice | Not sure about the right level of risk cover? Life insurance advice with commission rebates. more info
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| Rewards Teak Project 2007 | Access the Rewards Teak Project 2008 and other latest offer agribusiness projects through 2020 DIRECTINVEST.
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