Next to pineapples, the mango is the world’s favourite tropical fruit with increasing demand in the Australian, European and Asian markets. Timbercorp are inviting you to profit from an exclusive new superior mango variety, the Calypso, whose characteristics meet the demands of consumers and retailers. The 2006 Project will consolidate Timbercorp’s position as the largest single managed Calypso mango grower in Australia

• A commercial investment in Australian mangoes with established end markets

• Growing an exclusive superior mango variety

• Professionally managed by the OneHarvest group – one of Australia’s most innovative marketers of fresh produce and the largest supplier of fresh cut salads and other fruits

• Build wealth through attractive after tax returns over the 20 year term

• 100% tax deductibility

• A range of attractive finance options

Calypso

To date, the Kensington Pride mango, a tasty, low yielding variety with a strictly limited shelf life, has dominated the Australian mango market. After twenty years of research and development, the Calypso has been produced to meet the demands of consumers and retailers. The Calypso is an exciting new mango variety that combines superb flavour, taste, smaller seed and firm, fibreless flesh with high blush and exceptional yields.

 

Harvest Markets, part of the OneHarvest group and Timbercorp’s strategic alliance partner, holds the exclusive rights to the Calypso mango. With this more consistent, reliable and better quality product further growth in demand is expected

Mango Industry

In the past decade, production of mangoes in Australia has grown from nearly 2 million trays to approximately 7 million trays indicating the strength of demand. The opportunity exists to exploit economies of scale in the production, packing and marketing of mangoes so as to Increase efficiencies and lower supply chain costs with the aim of supplying large volumes of consistent grade 1 fruit. World demand for mangoes has been increasing at an average of 8% annually.

 

Australian mangoes can be freely exported to a range of countries and access to certain export markets which was previously denied to Australia is now authorised. If Australia can provide export markets with a reliable and consistent quality fruit, there are significant counter-seasonal opportunities for mango exports to Asia and Europe.

 

The Project

You will become a Calypso mango grower in a commercial mango orchard that is expected to enter commercial production from 2008 by:

• Licencing 2 or more identifiable allotments of land of approximately 0.25 hectares each, called Mangolots;

• engaging Timbercorp Securities to cultivate and manage your Mangolots and sort, pack and ripen the mangoes grown; and

• appointing Timbercorp Securities to market and sell the mangoes grown on your Mangolots through Mangocorp Management.

 

Investment Payment Options

You are able to invest in this project using cash, or you can access the 90% finance option from the Timbercorp. The various options are shown in the table below:

 

 

 

 

Features

Up to 8% cash rebate (see below)

$8,000 per Mangolot (minimum 2)

First harvest in 2009

100% tax deduction for investment amount

20 year term

Closes 15th June 2006

 

 

Commissions & Cash Rebates

With tax effective investments we will receive a commission that is not paid from your investment amount. With the Timbercorp 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:

 

 

 

 

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