This project is currently closed, however the ITC Pulpwood Project 2007 is open - more

 

About ITC

The ITC Group is Australia’s largest hardwood plantation forestry manager, with more than 140,000 plantation hectares under management across all mainland states.  ITC is also the country’s largest timber processor, and the second largest integrated forestry company listed on ASX, with a current market capitalisation of approximately $260 million.

 

ITC’s plantations division began offering managed investment scheme (MIS) interests in 1992 and now manages 47 different plantation projects.  Throughout the last decade, the Group has invested significantly in research and development, particularly genetics and silviculture.  ITC has one of Australia’s leading advanced-generation breeding programs and has established extensive trials across the states in which it operates.  The recent outcomes from this research will support ITC to achieve future operational gains

 

 

Pulpwood Project

The Pulpwood Project will be managed with the aim of producing pulpwood for the manufacture of high quality printing and writing paper. Income from the Harvest of the Pulpwood Project is expected to commence 10 years after planting but may vary depending upon plantation productivity and harvest scheduling.

 

The Project Yield for the Pulpwood Project is 140 cubic metres of pulpwood over a 10 year period after planting. The area of a Plantation Unit is based on a matrix of factors that are used to assess the Productivity including rainfall and other climatic parameters, soil types and soil profiles. The average Productivity over a 10 year period for each region is expected to be approximately 210 cubic metres per hectare in the Esperance region, 250 cubic metres per hectare in the Albany region, 270 cubic metres per hectare in the Queensland region and 250 cubic metres per hectare in the Green Triangle region.

 

The area of Plantation Units in the Pulpwood Project will be determined from the Productivity and will vary for each region in which pulpwood plantations are established and, on the basis of the expected productivities above, will range from approximately 0.4 to 0.7 hectares.

 

The minimum investment is two plantation units, however this can be made up of 1 Pulpwood Project Unit and 1 Sandalwood Project Unit.

 

Fees and Charges

The application fee is $3,520 (inc GST). There are no ongoing fees payable, a 15% harvest proceeds fee will be deducted at harvest to cover all the ongoing fees that would normally be payable. Insurance is available on the project, historically this has been approximately $22.40 per plantation unit per annum.

 

 

Finance Options

 

 

 

Features

Up to 7% cash rebate (see below)

$3,520 application

IRR up to 8.43%

Minimum application 2 Plantation Units

Can mix with Sandalwood Project 2006

100% tax deduction

Tax deduction for interest expense if finance option taken

No outlay for ongoing fees

 

Commissions & Cash Rebates

With tax effective investments we will receive a commission that is not paid from your investment amount. With the ITC Pulpwood Project 2006 this is 5% commission and 4% marketing allowance. 100% of the commission is rebated, plus part of the marketing allowance depending upon the amount invest as shown in the table below:

 

 

The cash rebate is paid to you as soon as we receive our commission payment ex GST.

 

Further Information

For further information please download any of the following files or right click on the button and 'save target as' to download to your computer (all files are in *pdf format):

 

 

 

 

 

IMPORTANT : This information has been prepared without taking into account your investment objectives, financial situation and particular needs. National Financial Solutions Pty Ltd (the authorising licensee) makes no recommendations as to the merits of any investment opportunity referred to on this site or via email correspondence. All indications of performance returns are historical and can not be relied upon as an indicator for future performance. Any investment decision in the products listed is entirely yours. NFS bears no responsibility for the appropriateness of the investment to your circumstances.  NFS will not be held responsible for the performance or security of any investment going forward. Furthermore NFS recommends that you seek advice from an independent person as to the appropriateness of any investment that is placed through our service.

With all of these types of investments you should seek independent taxation advice to determine whether this investment suits your circumstances. Please read the important information section.

By listing this investment on our site we are by no means endorsing this investment, manager or product.

* IRR upper range from independent research report