Rewards Group
Teak Project 2008 enables investors the opportunity to participate in
the burgeoning Australian teak plantation industry. The Project will
result in the establishment and operation of an intensively managed teak
plantation in far north Queensland. Rewards Group Teak Project 2008 is
the latest Project in the ongoing development of a teak estate that was
commenced by Rewards in 2001.
The Project aims
to produce teak poles and sawlogs. Teak is a premium quality tropical
hardwood renowned for its strength, durability and weather resistant
qualities. The market value of teak is greater than that of most other
plantation timbers. The term of the Project is expected to be
approximately 20 years, with the first harvest occurring when the trees
are at least 6 years old.
Investment Payment Options
You are able to invest in
this project using cash, or you can access the 100% finance option from
the Rewards Group. The various options are shown in the table below
(note monthly repayments are based on a per woodlot investment basis):
|
Term Option |
Number of
Instalments |
Amount |
Interest Rate. |
|
1 Year |
12 monthly instalments |
$550.00 |
Nil |
|
2 Years |
24 monthly instalments |
$307.46 |
10.95% |
|
5 Years |
60 monthly instalments |
$143.34 |
10.95% |
|
10 Years |
80 monthly instalments |
$90.73 |
10.95% |
|
10 Years |
80 monthly instalments (interest only 3
years, then P&I) |
$60.23
$112.83 |
10.95% |
Features
Up to 8% cash rebate (see below)
$6,600 per
woodlot (0.2 hectare)
100% tax deduction for
investment amount (in woodlots)
Tax deduction for
interest expense if finance option taken
income in years 6,
11, 15 and 20 (estimated years)
No outlay for ongoing
fees, these are paid at harvest
Commissions & Cash Rebates
With tax effective
investments we will receive a commission that is not paid from your
investment amount. With the Rewards Project this is 5% commission and 5%
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:
 |
Amount Invested |
Commission Rebate |
Marketing Rebate |
Total Rebate |
|
$0 - $19,800 |
5% |
1% |
6% |
|
$19,801 - $46,200 |
5% |
2% |
7% |
|
$46,201 + |
5% |
3% |
8% |
The cash rebate is paid to
you as soon as we receive our commission payment.
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):
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Product Disclosure
Statement |
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Investment Flyer |
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AAG Research |
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Finance Application |
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ATO Product Ruling |
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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