Note this project is closed, however the Rewards Tropical Fruit Project 2007 is open -  more

 

 

The Rewards Tropical Fruit Project 2006 project will consist of three premium fruits to provide an increased level of diversification for investors. The project will continue to grow Australia’s favourite mangoes, the Kensington Pride and R2E2, which makes up the bulk of Australia’s $100 million mango industry. The 2006 mangoes will be geographically placed to produce out of season harvests to meet strong demand in the Australian, European and Japanese marketplace. The mature mango trees will be located in the premier mango region of Queensland, Mareeba, and will produce returns to investors in year 1 of the project.

 

Rewards Group are growing under exclusive license the Mercury and Venus Onyx plums, which will be strategically planted in the Southern regions of Western Australia to produce out of season fruit to meet the strong demand and achieve premium prices.

 

The final diversification of the project will be the establishment of red flesh grapefruit plantation on the Ord river in Kununurra. Red Flesh grapefruit continues to achieve higher market share in the world wide citrus industry, and in market places such as Japan it exceeds all other citrus varieties combined. This plantation has been strategically positioned to meet strong domestic and international demand via producing premium fruit out of season.

 

 

The Investment

The project  will result in the establishment and operation of intensively managed irrigated mango and red flesh grapefruit orchards. The offer is for to Retail Groves of 0.5 hectare each at an issue price of $5,500 (inc GST) per Grove. The full term of the Scheme is expected to be approximately 20 years, with a crop every year including the first year.

 

Investment Payment Options

You are able to invest in this project using cash, or you can access the finance option (10% deposit required) from the Rewards Group. The various options are shown in the table below:

 

 

 

Features

Up to 8% cash rebate (see below)

$5,500 per grove

Minimum 4 groves

3 premium fruits

3 geographic regions

94% tax deduction for investment amount

Tax deduction for interest expense if finance option taken

Income in from year 1

20 year total term

 

Commissions & Cash Rebates

With tax effective investments we will receive a brokerage payment consisting of a 'commission' & 'marketing allowance' which is paid from the company that you invest with.  It is not deducted from your invested funds. With regards to the Rewards Group, Fundbroker will receive an 5% commission and a 5% marketing allowance, making a total brokerage of 10% of the amount invested.  We will provide a cash commission rebate as a percentage of the funds you invest as shown in the table below:

 

 

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):

 

 

 

 

 

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